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1998 (4) TMI 39 - MADRAS HIGH COURTExtract: .......r of the equipment is entitled to investment allowance under section 32A of the Act and that it was not necessary that such lessor should himself utilise the machinery in manufacturing activity. We, therefore, answer the question referred to us in favour of the assessee and against the Revenue. The assessee is entitled to costs in a sum of Rs. 500.
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