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Income Tax - Highlights / Catch Notes

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Addition towards depreciation on JCB Machine - JCB machine was ...

Case Laws     Income Tax

July 13, 2022

Addition towards depreciation on JCB Machine - JCB machine was used for manual loading and unloading of the finished goods, which otherwise would have required huge manpower. Since the JCB machine was used for loading and unloading of material and finished products, we see no reason to interfere in the impugned order overturning the assessment order on the ground that there was no use of JCB machines in the assessee’s business. - AT

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