In the result, assessee's CO is partly allowed”

Bench: Hon’Ble Shri A.T.Varkey, Jm & Shri M.Balaganesh, Am ] I.T.A No. 1601/Kol/2014 Assessment Year : 2007-08 M/S Ujjal Transport Agency, -Vs- Dcit, Central, Circle-Xvi, Kolkata G.T.Road(East), Murgasole Asansol Pan : Aaafu 6732 H] (Respondent) (Appellant) For The Appellant : A. K. Tibrewal, Fca Amit Agarwal, Adv. For The Respondent : None Date Of Hearing : 11.07.2017 Date Of Pronouncement : 14.07.2014 Order

reassessment proceedings, the Ld. AO disallowed the additional depreciation u/s 32(1)(iia) of the Act in the sum of Rs. 1,27,20,257/- on the ground that the assessee during the year was engaged only in contractors job and not involved in any manufacture or production of any article or thing so as to be eligible for additional