https://www.taxtmi.com/highlights?id=67392 Investment allowance u/s. 32AC(1A) - Investment in new plant or machinery. - A.O. in the present case has only relied on the audited P & L account, balance sheet and the return of income of the assessee and has not gone beyond to enquire into the credibility of the documentary evidences furnished by the assessee to substantiate its claim. - Claim allowed - AT en-us Thu, 29 Dec 2022 17:34:53 +0530 Thu, 29 Dec 2022 17:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67392 Investment allowance u/s. 32AC(1A) - Investment in new plant or machinery. - A.O. in the present case has only relied on the audited P & L account, balance sheet and the return of income of the assessee and has not gone beyond to enquire into the credibility of the documentary evidences furnished by the assessee to substantiate its claim. - Claim allowed - AT Highlights Income Tax Thu, 29 Dec 2022 17:34:53 +0530 https://www.taxtmi.com/highlights?id=67392