TMI Blog2015 (10) TMI 1409X X X X Extracts X X X X X X X X Extracts X X X X ..... pex Court in the case of S.S.M & Brothers Pvt. Ltd., (1999 (1) TMI 2 - SUPREME Court) has also held that a machinery used for the production of embroidery is entitled for the development rebate therefore applying the same legal ratio the Tribunal has held that such type of machinery is also entitled for additional depreciation. - Decided in favour of assessee. - ITA No.1886/Ahd/2011 with C.O. No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... have been informed that the assessee has quoted an order of the Tribunal in respect of the claim which was also not considered by the AO. 3. When the matter was carried before the First Appellate Authority, learned CIT(A) has considered few orders of the Tribunal and held that the issue has already been decided in favour of the Assessee; therefore, directed to allow the claim. 4. Having hea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate therefore applying the same legal ratio the Tribunal has held that such type of machinery is also entitled for additional depreciation. Due to all these reasons, we find no force in the grounds raised by the Revenue and the same are hereby dismissed. 5. The Cross Objections filed by the respondent-assessee are only in support of the view taken by learned CIT(A). Since, no legal/factual ques ..... X X X X Extracts X X X X X X X X Extracts X X X X
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