2011 (7) TMI 1219

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....ukul Kr. Shrawat (Judicial Member) This is an appeal at the behest of the Revenue which has emanated from the order of Learned CIT(Appeals)-II, Surat dated 23/11/2010 and the solitary substantial ground reads as under:- [1} On the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in deleting the addition made on account of disallowance of additional depreciation claimed u....

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....he embroidery machine is an activity of manufacturing. The appellant is, therefore, entitled to additional depreciation u/s.32(1)(iia) of the Act, and I direct the Assessing Officer to allow the same. This ground of appeal is allowed." 3. Now before us, the following decisions are placed on record:- Sl.No(s) Decision in the case of … In ITA No(s)… 1. ITO vs. M/s.Aswani Industri....