https://www.taxtmi.com/caselaws?id=16154 The court affirmed that the assessee commenced commercial production from December 1, 1983, engaged in manufacturing activities, and was entitled to investment allowance under section 32A of the Income-tax Act for the relevant assessment years. The Tribunal's decision regarding the deduction of Central subsidy from the cost of assets for depreciation and investment allowance was also upheld. The tax case petitions were disposed of with no order as to costs. en-us Tue, 24 Feb 1998 00:00:00 +0530 Tue, 01 Sep 2009 13:56:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16154 The court affirmed that the assessee commenced commercial production from December 1, 1983, engaged in manufacturing activities, and was entitled to investment allowance under section 32A of the Income-tax Act for the relevant assessment years. The Tribunal's decision regarding the deduction of Central subsidy from the cost of assets for depreciation and investment allowance was also upheld. The tax case petitions were disposed of with no order as to costs. Case-Laws Income Tax Tue, 24 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16154