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2011 (4) TMI 477 - HC - Income Tax
Deduction u/s 32A - Investment allowance - X-ray, ultra sound, angiography, gamma camera, stress analysis equipment etc. - Held that:- the hospitals and individual doctors are engaged in commercial activity. - therefore the assessee is an industrial undertaking and also they are engaged in manufacture or production of any article or thing - the assessee is entitled to investment allowance under Section 32A of the Act.