https://www.taxtmi.com/caselaws?id=12558 The High Court set aside the Tribunal's decision on the allowance of investment and extra shift allowance on electric installations in Oswal Solvent Extraction Unit, directing a fresh adjudication. It upheld the Tribunal's decision on deduction for leave with wages, citing a previous case against the Revenue. The Refinery units at Ludhiana and Madras were classified as industrial undertakings for investment allowance and deduction under section 80J, in favor of the assessee. Both petitions were disposed of without costs. en-us Fri, 31 May 2002 00:00:00 +0530 Wed, 20 May 2009 11:23:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12558 The High Court set aside the Tribunal's decision on the allowance of investment and extra shift allowance on electric installations in Oswal Solvent Extraction Unit, directing a fresh adjudication. It upheld the Tribunal's decision on deduction for leave with wages, citing a previous case against the Revenue. The Refinery units at Ludhiana and Madras were classified as industrial undertakings for investment allowance and deduction under section 80J, in favor of the assessee. Both petitions were disposed of without costs. Case-Laws Income Tax Fri, 31 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12558