https://www.taxtmi.com/caselaws?id=252405 The court held that the tribunal erred in refusing to admit the additional grounds for consideration related to investment allowance on the actual cost of plants and machineries due to variations in foreign exchange rates. It directed the tribunal to admit these grounds, allow parties to produce relevant material, and consider the contentions on additional grounds afresh in accordance with the law to avoid further proceedings and multiplicity of litigation. en-us Thu, 25 Sep 2014 00:00:00 +0530 Tue, 21 Oct 2014 07:51:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252405 The court held that the tribunal erred in refusing to admit the additional grounds for consideration related to investment allowance on the actual cost of plants and machineries due to variations in foreign exchange rates. It directed the tribunal to admit these grounds, allow parties to produce relevant material, and consider the contentions on additional grounds afresh in accordance with the law to avoid further proceedings and multiplicity of litigation. Case-Laws Income Tax Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252405