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2004 (2) TMI 32 - HC - Income TaxWhether by blending various categories of teas and selling them after packaging with a new brand name, the assessee is to be held to be involved in manufacturing or in production of a new marketable commodity and, therefore, it is entitled to deduction for investment allowance under section 32A - Assessing Officer held that at best the assessee can be considered to be engaged in "processing" only for which deduction for investment allowance under section 32A of the Act would not be available – Held that the assessee is not entitled to deduction for investment allowance under section 32A of the Income-tax Act, 1961, as the assessee cannot be held to be a manufacturer or producer
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