Mixing of ready mixed concrete is manufacturing activity and additional depreciation is allowable on machinery used for mixing

RELEVANT PARAGRAPH 6. We have considered the rival contentions and gone through the records carefully. Honourable Supreme Court in the case of India Cine Agencies (supra) has considered various judgements of Honourable High Court as well of Honourable Supreme Court, while. construing the meaning of expression, manufacture and production. Honourable Court has also considered the judgement in the case of N.C. Budhjraja & Co. (supra) has been relied upon by the Assessing Officer. The Honourable Court has considered the dictionary meaning of expression “manufacture” as well as how...