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2014 (4) TMI 1156 - BOMBAY HIGH COURTEligibility of depreciation - whether the activity did not amount to "manufacture"? - Held that:- As it is not disputed by the appellant that the respondents are engaged in the business of processing of iron ore in the plant and generation of windmill energy which is held to be a manufacturing activity within the said provision of Section 32(1)(iia) of the Income Tax Act, the observations of the Apex Court in the case of Sesa Goa Ltd.[2004 (11) TMI 14 - SUPREME Court], are thus clearly applicable to the facts of the present case.
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