https://www.taxtmi.com/caselaws?id=66650 The Tribunal upheld the firm's entitlement to investment allowance for milling paddy into rice for others, emphasizing that ownership of the goods manufactured is not required for claiming the allowance under section 32A. The judgment highlighted the distinction between paddy and rice as separate commodities and affirmed that processing paddy into rice constitutes manufacturing, making the firm eligible for the investment allowance. en-us Fri, 27 Feb 1987 00:00:00 +0530 Sat, 05 Mar 2011 13:43:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66650 The Tribunal upheld the firm's entitlement to investment allowance for milling paddy into rice for others, emphasizing that ownership of the goods manufactured is not required for claiming the allowance under section 32A. The judgment highlighted the distinction between paddy and rice as separate commodities and affirmed that processing paddy into rice constitutes manufacturing, making the firm eligible for the investment allowance. Case-Laws Income Tax Fri, 27 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66650