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1982 (11) TMI 84 - AT - Income TaxExtract: .......ve, we arrived at the conclusion that the Legislature did not intend to deny the benefit of investment allowance to an assessee whose business is hiring out machinery and plant to be used for the purpose of business specified in sub-section (2) of section 32A. We, therefore, allow the claim of the assessee. 20. In the result, the appeal is allowed.
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