https://www.taxtmi.com/caselaws?id=421405 The Tribunal overturned the decision of the Commissioner of Income Tax (Appeals) and allowed the appeal in favor of the assessee, recognizing electricity generation as a manufacturing activity and entitling them to claim additional depreciation. The matter was remanded back to the Assessing Officer for further examination of the assessee's eligibility for the claimed depreciation based on their manufacturing activities. en-us Mon, 18 Apr 2022 00:00:00 +0530 Sat, 23 Apr 2022 08:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421405 The Tribunal overturned the decision of the Commissioner of Income Tax (Appeals) and allowed the appeal in favor of the assessee, recognizing electricity generation as a manufacturing activity and entitling them to claim additional depreciation. The matter was remanded back to the Assessing Officer for further examination of the assessee's eligibility for the claimed depreciation based on their manufacturing activities. Case-Laws Income Tax Mon, 18 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421405