https://www.taxtmi.com/caselaws?id=9361 The court upheld the Tribunal's decision, confirming the eligibility of investment allowance on electric installations, transformers, and A.C. plant for the assessee. The court found that the machinery formed an integrated plant necessary for manufacturing and was solely used for the business purpose of the assessee. The judgment favored the assessee, and the reference was disposed of without costs. en-us Wed, 03 Aug 2005 00:00:00 +0530 Mon, 22 Jun 2009 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9361 The court upheld the Tribunal's decision, confirming the eligibility of investment allowance on electric installations, transformers, and A.C. plant for the assessee. The court found that the machinery formed an integrated plant necessary for manufacturing and was solely used for the business purpose of the assessee. The judgment favored the assessee, and the reference was disposed of without costs. Case-Laws Income Tax Wed, 03 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9361