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1990 (6) TMI 4 - KERALA HIGH COURT
Extract:
.......essee. We hold that the assessee is entitled to investment allowance on the diesel generator and transformer under section 32A of the Income-tax Act. Question No.1 is answered in favour of the Revenue and against the assessee. Questions Nos. 2 and 3 are answered against the Revenue and in favour of the assessee. The reference is answered, as above.