https://www.taxtmi.com/caselaws?id=2884 The High Court upheld the Tribunal's decisions in favor of the assessee on various issues including allowing depreciation on Electric Installations in Fully Fashioned Unit, granting extra shift allowance on specific units, permitting depreciation on Generator and Electric Transformers, classifying Refinery Units as 'Industrial Undertakings' for Investment Allowance, allowing Investment Allowance on specific electric installations, and approving the claim for 'Leave with Wages'. The Court relied on legal principles and precedents to support its rulings, consistently favoring the assessee in each instance. en-us Wed, 19 Apr 2006 00:00:00 +0530 Thu, 31 Jul 2008 07:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2884 The High Court upheld the Tribunal's decisions in favor of the assessee on various issues including allowing depreciation on Electric Installations in Fully Fashioned Unit, granting extra shift allowance on specific units, permitting depreciation on Generator and Electric Transformers, classifying Refinery Units as 'Industrial Undertakings' for Investment Allowance, allowing Investment Allowance on specific electric installations, and approving the claim for 'Leave with Wages'. The Court relied on legal principles and precedents to support its rulings, consistently favoring the assessee in each instance. Case-Laws Income Tax Wed, 19 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2884