https://www.taxtmi.com/caselaws?id=370039 The Tribunal allowed the appeal, granting the assessee the additional depreciation claim under section 32(iia) of the Income-tax Act. The Tribunal considered the assessee's seed processing activities as manufacturing, following a similar judgment by the Bombay High Court. As a result, the Tribunal did not address the validity of the notice issued under section 148, deeming it unnecessary due to the favorable decision on the depreciation claim. en-us Wed, 19 Sep 2018 00:00:00 +0530 Thu, 08 Nov 2018 10:58:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370039 The Tribunal allowed the appeal, granting the assessee the additional depreciation claim under section 32(iia) of the Income-tax Act. The Tribunal considered the assessee's seed processing activities as manufacturing, following a similar judgment by the Bombay High Court. As a result, the Tribunal did not address the validity of the notice issued under section 148, deeming it unnecessary due to the favorable decision on the depreciation claim. Case-Laws Income Tax Wed, 19 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370039