https://www.taxtmi.com/caselaws?id=179035 The Court upheld the Tribunal's decision, ruling in favor of the company's eligibility for additional depreciation u/s 32(1)(iia) of the IT Act, 1961 based on the increase in installed capacity of the pulp plant, despite the final product remaining unchanged. The Court rejected the Revenue's argument that installed capacity should only refer to the final product, newsprint. en-us Fri, 20 Mar 2009 00:00:00 +0530 Mon, 06 Jun 2016 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179035 The Court upheld the Tribunal's decision, ruling in favor of the company's eligibility for additional depreciation u/s 32(1)(iia) of the IT Act, 1961 based on the increase in installed capacity of the pulp plant, despite the final product remaining unchanged. The Court rejected the Revenue's argument that installed capacity should only refer to the final product, newsprint. Case-Laws Income Tax Fri, 20 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179035