https://www.taxtmi.com/caselaws?id=57015 The Tribunal ruled in favor of the revenue, setting aside the AAC's order and reinstating the ITO's decision to disallow the investment allowance for the assessee. The Tribunal determined that printing of cloth does not meet the legal definition of manufacturing or producing an article or thing under section 32A of the Income-tax Act, 1961. Consequently, the appeal by the revenue was allowed, and the assessee's claim for investment allowance was rejected. en-us Mon, 25 Aug 1986 00:00:00 +0530 Sun, 06 Feb 2011 02:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57015 The Tribunal ruled in favor of the revenue, setting aside the AAC's order and reinstating the ITO's decision to disallow the investment allowance for the assessee. The Tribunal determined that printing of cloth does not meet the legal definition of manufacturing or producing an article or thing under section 32A of the Income-tax Act, 1961. Consequently, the appeal by the revenue was allowed, and the assessee's claim for investment allowance was rejected. Case-Laws Income Tax Mon, 25 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57015