https://www.taxtmi.com/caselaws?id=63708 The Tribunal ruled in favor of the assessee regarding the allowance of 'Investment Allowance' under section 32A, directing the Assessing Officer to grant the allowance upon satisfaction of conditions. However, the Tribunal sided with the Department on the disallowance of repairs expenses and 'Extra Shift Depreciation', instructing further examination and disallowance if necessary. The judgments were collectively delivered due to common points in both appeals, with the assessee succeeding on the investment allowance issue but the Department prevailing on the other issues. en-us Fri, 14 Dec 1990 00:00:00 +0530 Tue, 01 Feb 2011 14:28:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63708 The Tribunal ruled in favor of the assessee regarding the allowance of 'Investment Allowance' under section 32A, directing the Assessing Officer to grant the allowance upon satisfaction of conditions. However, the Tribunal sided with the Department on the disallowance of repairs expenses and 'Extra Shift Depreciation', instructing further examination and disallowance if necessary. The judgments were collectively delivered due to common points in both appeals, with the assessee succeeding on the investment allowance issue but the Department prevailing on the other issues. Case-Laws Income Tax Fri, 14 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63708