https://www.taxtmi.com/caselaws?id=360062 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's claim for additional depreciation under Section 32(1)(iia) of the IT Act. It was determined that the assessee was engaged in manufacturing activities, the assets qualified as plant and machinery, and there was no evidence to show the assets were installed in disqualifying premises. As a result, the Revenue's appeal was dismissed. en-us Fri, 04 May 2018 00:00:00 +0530 Wed, 09 May 2018 08:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360062 The Tribunal upheld the CIT(A)'s decision, allowing the assessee's claim for additional depreciation under Section 32(1)(iia) of the IT Act. It was determined that the assessee was engaged in manufacturing activities, the assets qualified as plant and machinery, and there was no evidence to show the assets were installed in disqualifying premises. As a result, the Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 04 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360062