https://www.taxtmi.com/caselaws?id=14057 The High Court of Madras ruled in favor of the assessee, allowing investment allowance under section 32A for the assessment year 1978-79. The court held that once the requirements of section 32A are met, the benefit cannot be denied. The Revenue was directed to pay Rs. 1,500 to the State Legal Aid Fund. en-us Wed, 21 Feb 2001 00:00:00 +0530 Mon, 13 Jul 2009 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14057 The High Court of Madras ruled in favor of the assessee, allowing investment allowance under section 32A for the assessment year 1978-79. The court held that once the requirements of section 32A are met, the benefit cannot be denied. The Revenue was directed to pay Rs. 1,500 to the State Legal Aid Fund. Case-Laws Income Tax Wed, 21 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14057