1990 (12) TMI 3 - SUPREME COURT

Whether order of the Tribunal allowing the unabsorbed development rebate in respect of the plant and machinery not installed by the assessee under section 33 (1), was legal and proper - Whetherthe order of the Tribunal holding that the conditions under section 33(1) are satisfied, is legal and proper - held that new firm is not the owner who installed the plant and machinery - development rebate not entitled