https://www.taxtmi.com/caselaws?id=19058 The case involved the interpretation of deductions under sections 32A and 80HH of the Income-tax Act, 1961. The Tribunal allowed the deduction under section 32A for machinery used for business purposes installed after March 31, 1976. Regarding section 80HH, the court emphasized a broad interpretation of "industrial undertaking" to support new industrial enterprises. It was established that the assessee met the conditions for the deduction by investing in machinery and engaging in manufacturing activities. The court ruled in favor of the assessee, affirming their entitlement to the deduction under section 80HH. en-us Thu, 30 Jan 1992 00:00:00 +0530 Tue, 03 Nov 2009 16:49:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19058 The case involved the interpretation of deductions under sections 32A and 80HH of the Income-tax Act, 1961. The Tribunal allowed the deduction under section 32A for machinery used for business purposes installed after March 31, 1976. Regarding section 80HH, the court emphasized a broad interpretation of "industrial undertaking" to support new industrial enterprises. It was established that the assessee met the conditions for the deduction by investing in machinery and engaging in manufacturing activities. The court ruled in favor of the assessee, affirming their entitlement to the deduction under section 80HH. Case-Laws Income Tax Thu, 30 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19058