https://www.taxtmi.com/caselaws?id=27596 The High Court dismissed the petition, denying the assessee's claim for investment allowance as they were found not to be manufacturing iron and steel, but metal containers made from tin plates. The court held that since the assessee did not fall under the category of manufacturing iron and steel as per the Income Tax Act, the claim for investment allowance was rightly rejected. The decision was supported by a previous ruling, leading to the dismissal of the petition without costs awarded. en-us Mon, 23 Jan 1984 00:00:00 +0530 Sat, 13 Feb 2010 17:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27596 The High Court dismissed the petition, denying the assessee's claim for investment allowance as they were found not to be manufacturing iron and steel, but metal containers made from tin plates. The court held that since the assessee did not fall under the category of manufacturing iron and steel as per the Income Tax Act, the claim for investment allowance was rightly rejected. The decision was supported by a previous ruling, leading to the dismissal of the petition without costs awarded. Case-Laws Income Tax Mon, 23 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27596