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1996 (8) TMI 101 - HC - Income TaxExtract: ....... more or less similar inasmuch as making chips out of big boulders will amount to a manufacturing process and, therefore, the assessee is entitled to the investment allowance as envisaged under section 32A of the Income-tax Act, 1961. In view of the above, we answer the question in the negative and in favour of the assessee and against the Revenue.
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