https://www.taxtmi.com/caselaws?id=291580 The ITAT allowed the appeals in part, affirming the eligibility of investment allowance and additional depreciation while upholding the disallowance of extra shift allowance. The ITAT held that the computers qualified as plant and machinery, entitling the assessee to investment allowance and additional depreciation. The decision emphasized that the data processing and printouts constituted tangible products, supporting the assessee's claim. en-us Mon, 24 Oct 1994 00:00:00 +0530 Wed, 18 Nov 2020 10:38:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291580 The ITAT allowed the appeals in part, affirming the eligibility of investment allowance and additional depreciation while upholding the disallowance of extra shift allowance. The ITAT held that the computers qualified as plant and machinery, entitling the assessee to investment allowance and additional depreciation. The decision emphasized that the data processing and printouts constituted tangible products, supporting the assessee's claim. Case-Laws Income Tax Mon, 24 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291580