The activity of drying and threshing of tobacco leaves amounts ...
Drying and threshing tobacco leaves is considered manufacturing, qualifying for extra depreciation under Income Tax Act Section 32(iia).
October 11, 2017
Case Laws Income Tax AT
The activity of drying and threshing of tobacco leaves amounts to manufacture, which is eligible for additional depreciation as per the provisions of section 32(iia) of the Act
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