https://www.taxtmi.com/caselaws?id=182372 The Tribunal, by majority view, held that the assessee is not entitled to additional depreciation on machinery used for producing readymix concrete as the activity does not amount to manufacturing. The Third Member emphasized that producing readymix concrete does not constitute manufacturing or production of an article or thing, as the end product (construction) is not considered manufacturing. The matter was referred to the Division Bench for final resolution based on the majority decision. en-us Sun, 20 Mar 2016 00:00:00 +0530 Sun, 08 May 2016 17:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182372 The Tribunal, by majority view, held that the assessee is not entitled to additional depreciation on machinery used for producing readymix concrete as the activity does not amount to manufacturing. The Third Member emphasized that producing readymix concrete does not constitute manufacturing or production of an article or thing, as the end product (construction) is not considered manufacturing. The matter was referred to the Division Bench for final resolution based on the majority decision. Case-Laws Income Tax Sun, 20 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182372