https://www.taxtmi.com/caselaws?id=14420 The High Court of Rajasthan ruled in favor of the assessee, affirming eligibility for investment allowance deduction under section 32A of the Income-tax Act. The Court held that the firm's activities, including the production of coloured photographs using a processing unit, qualified as manufacturing and production, meeting the requirements of the provision. The judgment emphasized that the focus under section 32A is on the production of an article or thing, not just marketability, and custom-made products also fall within the ambit of manufacturing. en-us Mon, 26 Feb 2001 00:00:00 +0530 Wed, 15 Jul 2009 17:02:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14420 The High Court of Rajasthan ruled in favor of the assessee, affirming eligibility for investment allowance deduction under section 32A of the Income-tax Act. The Court held that the firm's activities, including the production of coloured photographs using a processing unit, qualified as manufacturing and production, meeting the requirements of the provision. The judgment emphasized that the focus under section 32A is on the production of an article or thing, not just marketability, and custom-made products also fall within the ambit of manufacturing. Case-Laws Income Tax Mon, 26 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14420