https://www.taxtmi.com/caselaws?id=17614 The Tribunal allowed the Revenue's application to rectify an error in granting investment allowance to the assessee for the assessment year 1985-86, aligning with the Supreme Court's ruling in CIT v. N. C. Budharaja and Co. The Tribunal withdrew the investment allowance as constructions like dams and bridges did not qualify for the deduction under the relevant provision. The High Court upheld the Tribunal's decision, dismissing the application for reference, as no substantial questions of law arose. en-us Fri, 26 Jul 1996 00:00:00 +0530 Wed, 23 Sep 2009 16:12:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17614 The Tribunal allowed the Revenue's application to rectify an error in granting investment allowance to the assessee for the assessment year 1985-86, aligning with the Supreme Court's ruling in CIT v. N. C. Budharaja and Co. The Tribunal withdrew the investment allowance as constructions like dams and bridges did not qualify for the deduction under the relevant provision. The High Court upheld the Tribunal's decision, dismissing the application for reference, as no substantial questions of law arose. Case-Laws Income Tax Fri, 26 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17614