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1996 (1) TMI 38 - HC - Income Tax
Extract:
.......ld that in the facts and circumstances of the case the aforesaid machines and equipment can legally be called machinery or plant installed in a small scale industrial undertaking for the purpose of business of manufacture or production of any article or thing as provided in section 32A(2)(b)(ii) read with section 32A(1) of the Income-tax Act, 1961.