https://www.taxtmi.com/caselaws?id=58905 The Tribunal upheld the disallowance of investment allowance for machinery used for scientific research, exclusion of excise duty while valuing closing stock, and computation of section 80HH deduction. It allowed the proportionate expenditure for bonus shares and entire deduction for inspection charges. The decisions were based on statutory provisions and precedents, ensuring compliance with legal requirements and judicial principles. en-us Mon, 02 Dec 1991 00:00:00 +0530 Wed, 22 Dec 2010 17:05:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58905 The Tribunal upheld the disallowance of investment allowance for machinery used for scientific research, exclusion of excise duty while valuing closing stock, and computation of section 80HH deduction. It allowed the proportionate expenditure for bonus shares and entire deduction for inspection charges. The decisions were based on statutory provisions and precedents, ensuring compliance with legal requirements and judicial principles. Case-Laws Income Tax Mon, 02 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58905