https://www.taxtmi.com/caselaws?id=60280 The case involved a dispute over the allowance of extra shift allowance for a new foundry unit. The Commissioner (Appeals) directed the allowance for the entire year, but the IAC calculated it based on actual working days, resulting in a lower amount. The ITAT held that each unit should be considered a separate concern for extra shift depreciation allowance. The calculation method based on machinery usage days was contested, with the ITAT ruling in favor of the IAC's approach over allowing for the entire year. The decision aligned with High Court precedents focusing on actual machinery usage days for extra shift allowance. en-us Thu, 13 Dec 1984 00:00:00 +0530 Tue, 04 Jan 2011 15:15:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60280 The case involved a dispute over the allowance of extra shift allowance for a new foundry unit. The Commissioner (Appeals) directed the allowance for the entire year, but the IAC calculated it based on actual working days, resulting in a lower amount. The ITAT held that each unit should be considered a separate concern for extra shift depreciation allowance. The calculation method based on machinery usage days was contested, with the ITAT ruling in favor of the IAC's approach over allowing for the entire year. The decision aligned with High Court precedents focusing on actual machinery usage days for extra shift allowance. Case-Laws Income Tax Thu, 13 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60280