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2002 (8) TMI 77 - CALCUTTA HIGH COURT"Whether, on the facts and in the circumstances of the case and on a proper interpretation of section 32AB(1)(b) of the Income-tax Act, the Tribunal was right in law in holding that the assessee was entitled to the investment deposit allowance of Rs. 6,54,637?" - The Tribunal has correctly opined, that there are no additional words, in the said section, or sub-section, requiring further that the assessee utilise, or install, the said machinery also, so as to qualify for getting the deduction. - we find nothing wrong in law in the order of the Tribunal. The question is accordingly answered in the affirmative and in favour of the assessee.
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