https://www.taxtmi.com/caselaws?id=21060 The court held that the assessee, a limited company in the beverages industry, was entitled to investment allowance on a generator used for power supply during production. The generator was considered essential for manufacturing processes, qualifying for investment allowance under section 32A of the Income-tax Act, 1961. However, ambiguity arose regarding the product's classification under the Eleventh Schedule, specifically item No. 5 concerning aerated waters. The court remanded the case to the Tribunal for a detailed assessment of the manufacturing process to determine if the product fell under the exclusionary criteria of the Schedule. en-us Fri, 21 Feb 1992 00:00:00 +0530 Thu, 19 Nov 2009 17:23:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21060 The court held that the assessee, a limited company in the beverages industry, was entitled to investment allowance on a generator used for power supply during production. The generator was considered essential for manufacturing processes, qualifying for investment allowance under section 32A of the Income-tax Act, 1961. However, ambiguity arose regarding the product's classification under the Eleventh Schedule, specifically item No. 5 concerning aerated waters. The court remanded the case to the Tribunal for a detailed assessment of the manufacturing process to determine if the product fell under the exclusionary criteria of the Schedule. Case-Laws Income Tax Fri, 21 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21060