https://www.taxtmi.com/caselaws?id=57686 The appellate tribunal ruled in favor of the assessee, determining that its activities in processing coffee seeds, involving multiple machinery stages in coffee curing, qualify as manufacturing or production of goods under the IT Act, 1961. The tribunal highlighted the usage of machinery to produce different grades of coffee products, emphasizing that dehiscing coffee by removing the husk using machinery constitutes a manufacturing process. By referencing legal precedents and distinguishing the case from mere processing activities, the tribunal allowed the appeal, directing the allowance of initial depreciation for the new machinery installed during the year. en-us Fri, 10 Aug 1979 00:00:00 +0530 Mon, 13 Dec 2010 09:50:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57686 The appellate tribunal ruled in favor of the assessee, determining that its activities in processing coffee seeds, involving multiple machinery stages in coffee curing, qualify as manufacturing or production of goods under the IT Act, 1961. The tribunal highlighted the usage of machinery to produce different grades of coffee products, emphasizing that dehiscing coffee by removing the husk using machinery constitutes a manufacturing process. By referencing legal precedents and distinguishing the case from mere processing activities, the tribunal allowed the appeal, directing the allowance of initial depreciation for the new machinery installed during the year. Case-Laws Income Tax Fri, 10 Aug 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57686