COMMNR. OF INCOME TAX, BANGALORE . vs M/S. SEEMA INTERNATIONAL — C.A. No. 6255/2001

Case Summary: The Supreme Court granted special leave to appeal and allowed the Commissioner of Income Tax's appeal against M/s. Seema International. The Court found questions of law arose and directed the Income Tax Tribunal to refer two key issues to the High Court: (1) whether granite rock extraction/mining constitutes manufacture/production under Section 32-A of the Income Tax Act, and (2) whether the assessee can claim depreciation deduction on mining machinery under Section 32-A. This case analysis is maintained by casestatus.in based on publicly available court records.