Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble
depreciation and other expenditure. It is also found that the assessee has received an income of Rs. 4,38,01,028/- from Duty Draw Back and Rs. 5,39,69,173/- from MEIS. This Bench by relying on the decision of the Hon’ble 5 Supreme Court in the case of CIT vs. Meghalaya Steels Limited