https://www.taxtmi.com/caselaws?id=66135 The tribunal upheld the Commissioner's decision, ruling that a cinema theatre did not qualify as an industrial undertaking for investment allowance under section 32A of the Income-tax Act, 1961. It was determined that cinema exhibition did not involve the manufacturing or production of tangible items, thus not meeting the eligibility criteria for investment allowance. Consequently, the appeal was dismissed. en-us Thu, 29 Aug 1985 00:00:00 +0530 Mon, 21 Feb 2011 17:23:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66135 The tribunal upheld the Commissioner's decision, ruling that a cinema theatre did not qualify as an industrial undertaking for investment allowance under section 32A of the Income-tax Act, 1961. It was determined that cinema exhibition did not involve the manufacturing or production of tangible items, thus not meeting the eligibility criteria for investment allowance. Consequently, the appeal was dismissed. Case-Laws Income Tax Thu, 29 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66135