https://www.taxtmi.com/caselaws?id=15209 The High Court of Andhra Pradesh ruled in favor of an assessee, a qualified doctor running a diagnostic center, determining eligibility for investment allowance under section 32A of the Income-tax Act, 1961. The court held that the assessee was entitled to the investment allowance for X-ray production equipment, air-conditioner, fans, stabilizer, and scanner, but not for equipment used in conducting pathological tests. The judgment clarified that equipment used for X-rays constituted production of a thing, while machinery for conducting pathological tests did not meet the criteria for the investment allowance. en-us Mon, 07 Jun 1999 00:00:00 +0530 Mon, 03 Aug 2009 16:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15209 The High Court of Andhra Pradesh ruled in favor of an assessee, a qualified doctor running a diagnostic center, determining eligibility for investment allowance under section 32A of the Income-tax Act, 1961. The court held that the assessee was entitled to the investment allowance for X-ray production equipment, air-conditioner, fans, stabilizer, and scanner, but not for equipment used in conducting pathological tests. The judgment clarified that equipment used for X-rays constituted production of a thing, while machinery for conducting pathological tests did not meet the criteria for the investment allowance. Case-Laws Income Tax Mon, 07 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15209