https://www.taxtmi.com/caselaws?id=17302 The High Court of Andhra Pradesh ruled in favor of the firm engaged in civil contract works, allowing them to claim investment allowance on hydraulically operated tippers under section 32A of the Income-tax Act. The Court held that tippers, though used for transporting goods, do not fall under the category of road transport vehicles for the purpose of the investment allowance. Emphasizing the ordinary meaning of the term and the essential nature of tippers for business operations, the Court concluded that the firm was eligible for the deduction, overturning the decisions of the Income-tax Officer and the Appellate Assistant Commissioner. en-us Wed, 19 Nov 1997 00:00:00 +0530 Mon, 21 Sep 2009 13:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17302 The High Court of Andhra Pradesh ruled in favor of the firm engaged in civil contract works, allowing them to claim investment allowance on hydraulically operated tippers under section 32A of the Income-tax Act. The Court held that tippers, though used for transporting goods, do not fall under the category of road transport vehicles for the purpose of the investment allowance. Emphasizing the ordinary meaning of the term and the essential nature of tippers for business operations, the Court concluded that the firm was eligible for the deduction, overturning the decisions of the Income-tax Officer and the Appellate Assistant Commissioner. Case-Laws Income Tax Wed, 19 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17302