https://www.taxtmi.com/caselaws?id=12547 In I.T.R. No. 113 of 1987, the issue of weighted deduction on bank interest on packing credit was decided in favor of the Revenue. In I.T.R. No. 111 of 1987, the Tribunal's decision on extra shift allowance on electrical installations/cooling tower was remanded for fresh adjudication. The Tribunal's decision on investment allowance on electrical installations in the head office was also remanded for further examination. However, the Tribunal's decision to allow deduction of the amount due on account of leave with wages was upheld. In I.T.R. No. 112 of 1987, the Tribunal held that refinery units qualify as industrial undertakings for investment allowance and deduction u/s 80J, in line with relevant case law. en-us Thu, 30 May 2002 00:00:00 +0530 Wed, 20 May 2009 10:23:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12547 In I.T.R. No. 113 of 1987, the issue of weighted deduction on bank interest on packing credit was decided in favor of the Revenue. In I.T.R. No. 111 of 1987, the Tribunal's decision on extra shift allowance on electrical installations/cooling tower was remanded for fresh adjudication. The Tribunal's decision on investment allowance on electrical installations in the head office was also remanded for further examination. However, the Tribunal's decision to allow deduction of the amount due on account of leave with wages was upheld. In I.T.R. No. 112 of 1987, the Tribunal held that refinery units qualify as industrial undertakings for investment allowance and deduction u/s 80J, in line with relevant case law. Case-Laws Income Tax Thu, 30 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12547