2015 (2) TMI 1168 - HC - Income Tax

Printing activity of a news paper publisher - whether amount to manufacturing activity to make that assessee eligible for grant of additional depreciation - Held that - The issue raised by the Revenue is directly covered against it by the decision of the Delhi High Court in CIT v. Delhi Press Patra Prakashan Ltd. 2013 (6) TMI 70 - DELHI HIGH COURT . We are in complete agreement with the ratio of that decision, which has been rightly followed by the Income Tax Appellate Tribunal. Under such circumstances, we do not find any ground to entertain this appeal. - Decided against revenue.

Summary

The High Court of Kerala dismissed the appeal regarding the eligibility for additional depreciation of a news paper publisher's printing activity, citing a Delhi High Court decision. The appeal was dismissed in limine.