M/S.SHASUN CHEMICALS AND DRUGS LTD. vs. COMMISSIONER OF INCOME TAX, CHENNAI
The appeals are allowed
C.A. No.-009611-009611 - 2016Supreme Court16 Sept 2016
Section 35D
3
Ranitidine, is as follows:
“The Company is undertaking the following
expansion projects:
(1) Ibuprofen: The installed capacity of
the ibuprofen plant at Pondicherry is
proposed to be increased from the present
level 840 tpa to 1200 tpa. The increase in
capacity would be primarily due to
improvements in the process sdeveloped
inhouse, resulting in a significant
reduction
