https://www.taxtmi.com/caselaws?id=58768 The Tribunal upheld the Commissioner of Income Tax's order under section 263, dismissing the appeal. It was determined that the assessee's activities did not qualify for investment allowance on machinery and plant used in the business, as they did not amount to the manufacture or production of a new article. The jurisdiction of the Commissioner under section 263 and the merger of the assessment order were also found to be in line with the law, supporting the Commissioner's actions. en-us Fri, 18 Jan 1985 00:00:00 +0530 Sun, 06 Feb 2011 05:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58768 The Tribunal upheld the Commissioner of Income Tax's order under section 263, dismissing the appeal. It was determined that the assessee's activities did not qualify for investment allowance on machinery and plant used in the business, as they did not amount to the manufacture or production of a new article. The jurisdiction of the Commissioner under section 263 and the merger of the assessment order were also found to be in line with the law, supporting the Commissioner's actions. Case-Laws Income Tax Fri, 18 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58768