https://www.taxtmi.com/caselaws?id=15157 The court ruled in favor of the assessee, a company manufacturing electrical bulbs, regarding the eligibility for investment allowance under section 32A of the Income-tax Act. The court determined that electrical bulbs did not fall under the category of domestic electrical appliances as defined in item No. 12 of the Eleventh Schedule, thereby entitling the assessee to the investment allowance claim for the plant and machinery used in manufacturing electrical bulbs. The judgment emphasized the specific usage context of domestic electrical appliances and upheld the Tribunal's decision in favor of the assessee's entitlement to the investment allowance. en-us Mon, 24 Aug 1998 00:00:00 +0530 Mon, 03 Aug 2009 13:39:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15157 The court ruled in favor of the assessee, a company manufacturing electrical bulbs, regarding the eligibility for investment allowance under section 32A of the Income-tax Act. The court determined that electrical bulbs did not fall under the category of domestic electrical appliances as defined in item No. 12 of the Eleventh Schedule, thereby entitling the assessee to the investment allowance claim for the plant and machinery used in manufacturing electrical bulbs. The judgment emphasized the specific usage context of domestic electrical appliances and upheld the Tribunal's decision in favor of the assessee's entitlement to the investment allowance. Case-Laws Income Tax Mon, 24 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15157