https://www.taxtmi.com/caselaws?id=62231 The Tribunal upheld the assessee's entitlement to investment allowance under Section 32A of the IT Act, 1961, for the assessment years 1982-83 and 1983-84. The Tribunal considered the assessee as an industrial undertaking based on systematic construction activities and the use of plant and machinery for enhancing efficiency. Despite subsequent Supreme Court decisions, the Tribunal found no mistake apparent on record in its earlier order and dismissed the Revenue's appeal, affirming the investment allowance granted to the assessee. en-us Thu, 13 Jan 1994 00:00:00 +0530 Tue, 18 Jan 2011 16:54:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62231 The Tribunal upheld the assessee's entitlement to investment allowance under Section 32A of the IT Act, 1961, for the assessment years 1982-83 and 1983-84. The Tribunal considered the assessee as an industrial undertaking based on systematic construction activities and the use of plant and machinery for enhancing efficiency. Despite subsequent Supreme Court decisions, the Tribunal found no mistake apparent on record in its earlier order and dismissed the Revenue's appeal, affirming the investment allowance granted to the assessee. Case-Laws Income Tax Thu, 13 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62231