https://www.taxtmi.com/caselaws?id=60127 The Tribunal dismissed the appeal, holding that the cold storage did not qualify for investment allowance under section 32A of the Income-tax Act, 1961. It was determined that the cold storage did not engage in the generation or distribution of electricity or any other form of power, as its primary function was the preservation of perishable commodities. Additionally, the Tribunal found that the activity of cold storage did not amount to manufacturing or production of an article or thing, based on established legal principles distinguishing processing from manufacturing. en-us Fri, 30 May 1986 00:00:00 +0530 Mon, 03 Jan 2011 17:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60127 The Tribunal dismissed the appeal, holding that the cold storage did not qualify for investment allowance under section 32A of the Income-tax Act, 1961. It was determined that the cold storage did not engage in the generation or distribution of electricity or any other form of power, as its primary function was the preservation of perishable commodities. Additionally, the Tribunal found that the activity of cold storage did not amount to manufacturing or production of an article or thing, based on established legal principles distinguishing processing from manufacturing. Case-Laws Income Tax Fri, 30 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60127