Drying and threshing tobacco leaves is considered manufacturing, qualifying for extra depreciation under Income Tax Act Section 32(iia).

Drying and threshing tobacco leaves is considered manufacturing, qualifying for extra depreciation under Income Tax Act Section 32(iia). https://www.taxtmi.com/highlights?id=36587 The activity of drying and threshing of tobacco leaves amounts to manufacture, which is eligible for additional depreciation as per the provisions of section 32(iia) of the Act en-us Wed, 11 Oct 2017 22:24:52 +0530 Wed, 11 Oct 2017 22:24:52 +0530 TaxTMI RSS Generator Drying and threshing tobacco leaves is considered manufacturing, qualifying for extra depreciation under Income Tax Act Section 32(iia). https://www.taxtmi.com/highlights?id=36587 The activity of drying and threshing of tobacco leaves amounts to manufacture, which is eligible for additional depreciation as per the provisions of section 32(iia) of the Act Highlights Income Tax Wed, 11 Oct 2017 22:24:52 +0530 https://www.taxtmi.com/highlights?id=36587