Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1997 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1997 (12) TMI 74 - HC - Income TaxExtract: .......was manufacturing certain articles independent of the business activity carried on by the assessee. Accordingly, we hold that the Tribunal was not correct in holding that the assessee is entitled to investment allowance under section 32A of the Act. We answer the question of law referred to us in the negative and in favour of the Revenue. No costs.
|