https://www.taxtmi.com/caselaws?id=12385 Investment allowance under section 32A was confined to plant or machinery installed and used for the manufacture or production of an article or thing. A cinema projector only projects films and does not produce any article or thing, and an air-conditioning plant used for spectator comfort is likewise outside the provision. The assessee was therefore not entitled to investment allowance on either asset. en-us Tue, 09 Jul 2002 00:00:00 +0530 Tue, 23 Feb 2010 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12385 Investment allowance under section 32A was confined to plant or machinery installed and used for the manufacture or production of an article or thing. A cinema projector only projects films and does not produce any article or thing, and an air-conditioning plant used for spectator comfort is likewise outside the provision. The assessee was therefore not entitled to investment allowance on either asset. Case-Laws Income Tax Tue, 09 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12385