Delhi High Court Upholds Tribunal Decision on Deduction for Plant and Machinery

The High Court of Delhi dismissed the petitioner's request for reference of a question of law regarding deduction under section 35(1) and 35(2) for plant and machinery used for production of TVs. The Tribunal's decision was upheld as the machinery was found to be used for research and development, based on factual findings.

---

---

The High Court of Delhi dismissed the petitioner's request for reference of a question of law regarding deduction under section 35(1) and 35(2) for plant and machinery used for production of TVs. The Tribunal's decision was upheld as the machinery was found to be used for research and development, based on factual findings.

---