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of <h1>Supreme Court Overturns Order on Investment Allowance & Deduction</h1> <h3>Commissioner Of Income-Tax Versus Venkateswara Hatcheries (P.) Ltd.</h3> The Supreme Court allowed the appeal, setting aside the lower court's order. The High Court is tasked with determining issues related to investment ... Reference, Investment Allowance, Special Deduction, Question Of Law The Supreme Court allowed the appeal and set aside the order under appeal. The High Court must now decide on two questions regarding investment allowance and deduction under sections 32A and 80JJ of the Income-tax Act, 1961. The Tribunal is directed to refer these questions to the High Court for decision.
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