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2003 (2) TMI 55 - HC - Income Tax"(1) Whether, on the facts and circumstances of the case, the Tribunal was justified in denying the investment allowance on E. C. G. machine, x-ray unit and other laboratory equipments ? - (2) Whether, the Tribunal was justified in holding that since the above referred equipments are not independent industrial undertaking but only part of the composite undertaking and therefore the benefit of investment allowance is not available ?" - The assessee is therefore entitled to get investment allowance in respect of hospital equipments and other laboratory equipments. We therefore answer the questions in favour of the assessee and against the Revenue.
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