AdvertisementPCIT Vs Shalimar Pellet Feeds Ltd. (Calcutta High Court) The Calcutta High Court considered an appeal filed by the Revenue under Section 260A of the Income-tax Act, 1961 against the order of the Income Tax Appellate Tribunal, Kolkata Bench, for Assessment Years 2008-09, 2009-10, 2010-11, 2011-12 and 2013-14. The Revenue raised substantial questions of law concerning whether the assessee’s production of poultry feed amounted to “manufacture” under Section 2(29BA), eligibility for deduction under Sections 80IB(5) and 80IE, entitlement to additional depreciation on plant and mac...