https://www.taxtmi.com/caselaws?id=20514 The court ruled in favor of allocating expenses and depreciation on railway lines between agricultural and manufacturing activities based on the "ton-mileage basis" instead of tonnage carried. It found the Tribunal's basis for apportioning expenses on railway lines to be incorrect. Regarding the assessability of railway transport receipts, the court determined that freight charges recovered for transporting sugarcane for manufacturing purposes should be considered income from the manufacturing business. As a result, the court decided in favor of assessing the entire freight receipts as income from manufacturing business for the relevant assessment years, ruling against the assessee. en-us Wed, 03 Mar 1993 00:00:00 +0530 Sat, 14 Nov 2009 13:43:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20514 The court ruled in favor of allocating expenses and depreciation on railway lines between agricultural and manufacturing activities based on the "ton-mileage basis" instead of tonnage carried. It found the Tribunal's basis for apportioning expenses on railway lines to be incorrect. Regarding the assessability of railway transport receipts, the court determined that freight charges recovered for transporting sugarcane for manufacturing purposes should be considered income from the manufacturing business. As a result, the court decided in favor of assessing the entire freight receipts as income from manufacturing business for the relevant assessment years, ruling against the assessee. Case-Laws Income Tax Wed, 03 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20514