https://www.taxtmi.com/caselaws?id=69419 The Tribunal upheld the CIT(A)'s decision to allow investment allowance under section 32A of the IT Act to the assessee for the assessment years 1982-83, 1984-85, and 1985-86. The Tribunal determined that the fabrication of steel structures by the assessee qualified as production under section 32A, entitling the assessee to the investment allowance. Additionally, the Tribunal dismissed the appeal against the CIT(A)'s decision on the levy of interest under section 217 for the assessment year 1984-85, ruling that no interest was payable due to the assessee's advance tax estimate and deductions claimed. en-us Fri, 28 Apr 1989 00:00:00 +0530 Wed, 06 Apr 2011 16:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69419 The Tribunal upheld the CIT(A)'s decision to allow investment allowance under section 32A of the IT Act to the assessee for the assessment years 1982-83, 1984-85, and 1985-86. The Tribunal determined that the fabrication of steel structures by the assessee qualified as production under section 32A, entitling the assessee to the investment allowance. Additionally, the Tribunal dismissed the appeal against the CIT(A)'s decision on the levy of interest under section 217 for the assessment year 1984-85, ruling that no interest was payable due to the assessee's advance tax estimate and deductions claimed. Case-Laws Income Tax Fri, 28 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69419