Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2001 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (6) TMI 45 - HC - Income TaxExtract: .......w such type of tools may be treated as part of the plant and machinery for the purpose of manufacturing of tea. In view of this undisputed fact in our view the Tribunal was justified in allowing the investment allowance on trailers. In the result, we answer the question in the affirmative, that is, in favour of the assessee and against the Revenue.
|