https://www.taxtmi.com/caselaws?id=309740 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals) decision to allow the additional depreciation claim for the assessee, ruling in favor of the manufacturing activities undertaken. The Tribunal considered past treatment by the Revenue and legal interpretations, concluding that the process conducted by the assessee constituted manufacturing. As a result, the appeal filed by the Revenue against the deletion of disallowance of additional depreciation on the cost of the windmill was dismissed. en-us Thu, 26 Oct 2017 00:00:00 +0530 Wed, 20 Sep 2023 08:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309740 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals) decision to allow the additional depreciation claim for the assessee, ruling in favor of the manufacturing activities undertaken. The Tribunal considered past treatment by the Revenue and legal interpretations, concluding that the process conducted by the assessee constituted manufacturing. As a result, the appeal filed by the Revenue against the deletion of disallowance of additional depreciation on the cost of the windmill was dismissed. Case-Laws Income Tax Thu, 26 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309740