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2008 (4) TMI 32 - HC - Income TaxDeduction u/s 32A - Investment Allowance - Assessee is a practicing Radiologist and he had installed an X-ray machine on which he claimed a deduction by way of an investment allowance under Section 32A - The expression industrial undertaking is to be used in the context in which it is used in the Income Tax Act and not in the context in which it is used in other laws such as the Industrial Disputes Act - The order of ITAT allowing deduction u/s 32A reversed.
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