https://www.taxtmi.com/caselaws?id=182416 The appeal by the Revenue under section 260A of the Income Tax Act challenged the entitlement of additional depreciation for the assessment year 2007-08 regarding the manufacturing of ready mix cement by the respondent. The court directed the tribunal to re-examine whether the cement was sold to third parties or used captively to determine the eligibility for additional depreciation. The decision was partly in favor of the Revenue, and the matter was remitted to the tribunal for a fresh decision based on the directions provided in a related appeal. No costs were incurred in disposing of the appeal. en-us Mon, 24 Oct 2011 00:00:00 +0530 Tue, 10 May 2016 11:06:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182416 The appeal by the Revenue under section 260A of the Income Tax Act challenged the entitlement of additional depreciation for the assessment year 2007-08 regarding the manufacturing of ready mix cement by the respondent. The court directed the tribunal to re-examine whether the cement was sold to third parties or used captively to determine the eligibility for additional depreciation. The decision was partly in favor of the Revenue, and the matter was remitted to the tribunal for a fresh decision based on the directions provided in a related appeal. No costs were incurred in disposing of the appeal. Case-Laws Income Tax Mon, 24 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182416