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<h1>Tax case petition on investment allowance dismissed by Madras High Court due to Tribunal's lack of findings</h1> The High Court of Madras dismissed the tax case petition regarding investment allowance claimed by Hansa Cine Equipments for assessment years 1987-88 and ... Reference, Investment Allowance, Plant And Machinery The High Court of Madras dismissed the tax case petition regarding investment allowance claimed by Hansa Cine Equipments for assessment years 1987-88 and 1990-91, as the Tribunal remanded the issue without any finding. The Department's appeal was rejected.