1995 (5) TMI 43 - ITAT BANGALORE - Income Tax

Extract:
.......tself is Rs. 61,566, electrical installation required for it could not be more than Rs. 20,000 even if a very liberal view is taken. 27. For the foregoing, we hold that the assessee is entitled to investment allowance on the amount of Rs. 61,566 plus Rs. 20,000. The ITO will calculate the same and allow. 28. The appeal is allowed as indicated above