Held that extraction and processing of iron ore amounts to production within meaning of word in section 32A(2)(b)(iii) hence entitle for additional depreciation. (AY. 2010-11)
PCIT v. Dhansar Engineering Co. (P.) Ltd. (2022) 285 Taxman 404 (Cal.)(HC)
S. 32 : Depreciation-Extraction and processing of iron ore amounts to production-Entitled for additional depreciation. [S. 32(1)(iia), 32A]