https://www.taxtmi.com/caselaws?id=151823 The Tribunal allowed the appeal, emphasizing the importance of substance over form in tax matters and reinstating the investment allowance for the assessee for the assessment year 1987-88. The Tribunal found that the investment allowance reserve was utilized for acquiring computers and equipment, not for the boiler, and that the accounting entries did not dictate tax treatment. The Tribunal overturned the withdrawal of the investment allowance, reinstating the original assessment for the relevant year. en-us Wed, 20 Jul 2005 00:00:00 +0530 Mon, 17 Jun 2013 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151823 The Tribunal allowed the appeal, emphasizing the importance of substance over form in tax matters and reinstating the investment allowance for the assessee for the assessment year 1987-88. The Tribunal found that the investment allowance reserve was utilized for acquiring computers and equipment, not for the boiler, and that the accounting entries did not dictate tax treatment. The Tribunal overturned the withdrawal of the investment allowance, reinstating the original assessment for the relevant year. Case-Laws Income Tax Wed, 20 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151823