https://www.taxtmi.com/caselaws?id=71776 The Tribunal affirmed the decision of the AAC Pune that the assessee is entitled to investment allowance for new machinery as the fabrication of parts for construction purposes constituted manufacturing activities under section 32A. The Tribunal dismissed the Revenue's appeal, emphasizing that the transformation of raw materials into distinct products used in construction qualified the assessee for the investment allowance. en-us Sat, 20 Apr 1985 00:00:00 +0530 Wed, 27 Apr 2011 10:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71776 The Tribunal affirmed the decision of the AAC Pune that the assessee is entitled to investment allowance for new machinery as the fabrication of parts for construction purposes constituted manufacturing activities under section 32A. The Tribunal dismissed the Revenue's appeal, emphasizing that the transformation of raw materials into distinct products used in construction qualified the assessee for the investment allowance. Case-Laws Income Tax Sat, 20 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71776