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1991 (9) TMI 125 - AT - Income TaxExtract: .......ged as a contractor. For the above reasons we hold that the assessee, who is merely engaged in the business of raising buildings as a civil contractor, is not entitled to investment allowance under section 32A of the Income-tax Act, 1961. The CIT (Appeals) s direction to the contrary is, therefore, erroneous and is hereby vacated. 6. Appeal allowed
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