PRINCIPAL COMMISIONER OF INCOME TAX CENTRAL 1 KOLKATA vs. M/S SHALIMAR PELLET FEEDS LIMITED
In the result, the substantial questions of law framed
ITAT/29/2021HC Calcutta04 Apr 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
Section 2Section 260ASection 40A(2)(b)Section 80I
80E(IE) of the Income Tax Act, 1961 and came to
an erroneous decision that the assessee is
entitled to additional depreciations claimed on
plant and machinery relating to manufacturing
since the activities does not come under the
purview of the term “manufacture” under section
2(29BA) of the Income Tax Act, 1961 as such the
order is liable
