https://www.taxtmi.com/caselaws?id=5384 Entitlement to investment allowance under section 32A turned on the Tribunal's factual finding that the assessee was an industrial undertaking engaged in manufacture or processing. That finding was not specifically challenged in the reference under section 256, so the Revenue could not reopen it in reference proceedings. On that basis, the assessee remained entitled to the allowance. The Supreme Court dismissed the special leave petition, leaving undisturbed the conclusion that the unchallenged factual finding was decisive for the claim under section 32A. en-us Mon, 20 Apr 1992 00:00:00 +0530 Fri, 31 Aug 2018 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5384 Entitlement to investment allowance under section 32A turned on the Tribunal's factual finding that the assessee was an industrial undertaking engaged in manufacture or processing. That finding was not specifically challenged in the reference under section 256, so the Revenue could not reopen it in reference proceedings. On that basis, the assessee remained entitled to the allowance. The Supreme Court dismissed the special leave petition, leaving undisturbed the conclusion that the unchallenged factual finding was decisive for the claim under section 32A. Case-Laws Income Tax Mon, 20 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5384