https://www.taxtmi.com/caselaws?id=5606 The Supreme Court held that extra shift allowance for depreciation should be based on the number of days the entire concern worked double or triple shifts, not on individual machinery usage. The Court overturned the High Court's decision, emphasizing that the concern as a whole determines the allowance, not specific machinery. The Court highlighted the binding nature of CBDT circulars, which support this interpretation. The assessee's appeal was allowed, and the judgment favored calculating extra shift allowance based on the concern's overall shift work. en-us Wed, 09 Jul 1997 00:00:00 +0530 Wed, 26 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5606 The Supreme Court held that extra shift allowance for depreciation should be based on the number of days the entire concern worked double or triple shifts, not on individual machinery usage. The Court overturned the High Court's decision, emphasizing that the concern as a whole determines the allowance, not specific machinery. The Court highlighted the binding nature of CBDT circulars, which support this interpretation. The assessee's appeal was allowed, and the judgment favored calculating extra shift allowance based on the concern's overall shift work. Case-Laws Income Tax Wed, 09 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5606