https://www.taxtmi.com/caselaws?id=21838 Depreciation at 15% on machinery used for manufacturing artificial silk was upheld on the basis of evidence that the assessee carried on that manufacturing activity. Because the same legal issue had already been decided by the same HC in favour of the assessee and against the Revenue, the proposed reference question was not a fresh or debatable question of law. No statable question of law arose under section 256(2), so the application seeking a direction to state a case was not maintainable. en-us Mon, 22 Apr 1991 00:00:00 +0530 Wed, 02 Dec 2009 11:23:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21838 Depreciation at 15% on machinery used for manufacturing artificial silk was upheld on the basis of evidence that the assessee carried on that manufacturing activity. Because the same legal issue had already been decided by the same HC in favour of the assessee and against the Revenue, the proposed reference question was not a fresh or debatable question of law. No statable question of law arose under section 256(2), so the application seeking a direction to state a case was not maintainable. Case-Laws Income Tax Mon, 22 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21838