https://www.taxtmi.com/caselaws?id=57865 The Tribunal allowed the appeal, ruling in favor of the assessee's entitlement to investment allowance for the machinery used in manufacturing potato chips. The Tribunal concluded that the process of making potato chips amounted to manufacturing as the original commodity (potato) was entirely transformed into a new and distinct item (potato chips), supporting the assessee's claim for investment allowance under section 32A. en-us Sun, 05 Mar 1995 00:00:00 +0530 Tue, 25 Apr 2017 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57865 The Tribunal allowed the appeal, ruling in favor of the assessee's entitlement to investment allowance for the machinery used in manufacturing potato chips. The Tribunal concluded that the process of making potato chips amounted to manufacturing as the original commodity (potato) was entirely transformed into a new and distinct item (potato chips), supporting the assessee's claim for investment allowance under section 32A. Case-Laws Income Tax Sun, 05 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57865