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2016 (4) TMI 341 - AT - Income TaxDisallowance of claim of deduction u/s 10B - eligibility of additional depreciation - Held that:- As the business of the assessee is proved beyond doubt that it involves in the manufacturing activities, in the result, it is eligible to claim deduction u/s 10B as well as it is eligible to claim additional depreciation, as the same was eligible to be claimed by those assessee's who are in the business of manufacture or production of any article or thing. Hence, in our opinion, the assessee is eligible to claim additional depreciation as a manufacturer. - Decided in favour of assessee.
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