https://www.taxtmi.com/caselaws?id=12302 The High Court of Madras held in favor of the assessee, determining that their business activities were eligible for investment allowance under section 32A of the Income Tax Act, 1961. The court referenced a prior case to establish that the processing of unbleached grey cloth constituted manufacturing, thereby entitling the assessee to investment allowance and relief under section 80J of the Act. en-us Thu, 08 Nov 2001 00:00:00 +0530 Sun, 21 Feb 2010 06:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12302 The High Court of Madras held in favor of the assessee, determining that their business activities were eligible for investment allowance under section 32A of the Income Tax Act, 1961. The court referenced a prior case to establish that the processing of unbleached grey cloth constituted manufacturing, thereby entitling the assessee to investment allowance and relief under section 80J of the Act. Case-Laws Income Tax Thu, 08 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12302