https://www.taxtmi.com/caselaws?id=9989 The High Court held that the assessee, a small-scale industrial undertaking, qualified for the investment allowance under section 32A of the Income-tax Act, 1961. The machinery used for printing on tin plates was considered to be engaged in the production of a marketable product. The court dismissed the Revenue's appeal, upholding the decisions of the Commissioner of Income-tax (Appeals) and the Income-tax Appellate Tribunal. en-us Thu, 22 Sep 2005 00:00:00 +0530 Sat, 04 Jul 2009 19:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9989 The High Court held that the assessee, a small-scale industrial undertaking, qualified for the investment allowance under section 32A of the Income-tax Act, 1961. The machinery used for printing on tin plates was considered to be engaged in the production of a marketable product. The court dismissed the Revenue's appeal, upholding the decisions of the Commissioner of Income-tax (Appeals) and the Income-tax Appellate Tribunal. Case-Laws Income Tax Thu, 22 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9989