https://www.taxtmi.com/caselaws?id=2133 The High Court upheld the Tribunal's decision, dismissing the appeal and ruling in favor of the assessee regarding the eligibility to claim investment and depreciation allowance on additional customs duty paid for machinery imported in an earlier year. The court's judgment was based on established legal principles and precedents, emphasizing the importance of considering all relevant factors in determining the eligibility for such allowances. en-us Mon, 23 Apr 2007 00:00:00 +0530 Tue, 20 Sep 2011 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2133 The High Court upheld the Tribunal's decision, dismissing the appeal and ruling in favor of the assessee regarding the eligibility to claim investment and depreciation allowance on additional customs duty paid for machinery imported in an earlier year. The court's judgment was based on established legal principles and precedents, emphasizing the importance of considering all relevant factors in determining the eligibility for such allowances. Case-Laws Income Tax Mon, 23 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2133