https://www.taxtmi.com/caselaws?id=55184 The Appellate Tribunal allowed the assessee's claim for investment allowance on a road roller used in road construction, emphasizing the composite nature of construction activities and the distinct end-product of road construction. The Tribunal directed the Income Tax Officer to examine if the road roller was part of a composite activity alongside other machinery. The decision highlighted the eligibility for investment allowance in road construction and the need for a comprehensive assessment by the ITO. The revenue's appeal was allowed for statistical purposes, with the matter remanded to the ITO for further evaluation of the investment allowance eligibility. en-us Fri, 28 Nov 1986 00:00:00 +0530 Wed, 24 Nov 2010 13:15:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55184 The Appellate Tribunal allowed the assessee's claim for investment allowance on a road roller used in road construction, emphasizing the composite nature of construction activities and the distinct end-product of road construction. The Tribunal directed the Income Tax Officer to examine if the road roller was part of a composite activity alongside other machinery. The decision highlighted the eligibility for investment allowance in road construction and the need for a comprehensive assessment by the ITO. The revenue's appeal was allowed for statistical purposes, with the matter remanded to the ITO for further evaluation of the investment allowance eligibility. Case-Laws Income Tax Fri, 28 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55184