2001 (12) TMI 37

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..... on at the instance of the Revenue are: "1. Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in holding that the assessee is entitled to its claim for investment allowance? 2. Whether, on the facts and in the circumstances of the case, the Tribunal is right in law and had valid materials for holding that the assessee had created adequate reserve and debited .....

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..... tured when it puts that product to use for the manufacture of yet other products. We uphold the order of the Tribunal only subject to the clarification that the allowance sought by the assessee is to be granted subject to such allowance not having been granted on the machine with the aid of which the tools and dies were manufactured. So far as the second question is concerned, the Tribunal, on th .....

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