https://www.taxtmi.com/caselaws?id=24843 The court held that the Government of India is not considered a 'person resident in India' for investment allowance and relief purposes under sections 32A and 80J. Consequently, the assessee was deemed eligible to claim both benefits, as the ships acquired from the Government did not disqualify them from claiming the allowances. The court affirmed the Tribunal's decision in favor of the assessee and against the Revenue. en-us Tue, 22 Mar 1988 00:00:00 +0530 Fri, 22 Jan 2010 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24843 The court held that the Government of India is not considered a 'person resident in India' for investment allowance and relief purposes under sections 32A and 80J. Consequently, the assessee was deemed eligible to claim both benefits, as the ships acquired from the Government did not disqualify them from claiming the allowances. The court affirmed the Tribunal's decision in favor of the assessee and against the Revenue. Case-Laws Income Tax Tue, 22 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24843