https://www.taxtmi.com/caselaws?id=13404 The court concluded that the appellant was entitled to a 25% investment allowance for the pollution plant installed after April 1, 1987, under section 32A and section 32A(2C) of the Income-tax Act, 1961. The court rejected the Revenue's argument to relate benefits back to 1976, emphasizing the legislative intent to promote environmental protection. The court partially allowed the appeal, ruling in favor of the assessee, pending verification by the Tribunal on the plant's compliance with the notification requirements of August 1, 1984. en-us Wed, 27 Sep 2006 00:00:00 +0530 Thu, 28 May 2009 17:07:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13404 The court concluded that the appellant was entitled to a 25% investment allowance for the pollution plant installed after April 1, 1987, under section 32A and section 32A(2C) of the Income-tax Act, 1961. The court rejected the Revenue's argument to relate benefits back to 1976, emphasizing the legislative intent to promote environmental protection. The court partially allowed the appeal, ruling in favor of the assessee, pending verification by the Tribunal on the plant's compliance with the notification requirements of August 1, 1984. Case-Laws Income Tax Wed, 27 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13404