https://www.taxtmi.com/caselaws?id=60309 The Tribunal allowed the appeal, directing the Assessing Officer to permit the investment allowance on Leaf Carrying Basket Trailers used in the business of selling tea grown and manufactured. The decision was based on interpreting Rule 8 of the Income-tax Rules and applying legal fiction principles to deem the Trailers as part of the machinery used in the business, entitling the assessee to the investment allowance. en-us Fri, 22 May 1992 00:00:00 +0530 Tue, 04 Jan 2011 16:13:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60309 The Tribunal allowed the appeal, directing the Assessing Officer to permit the investment allowance on Leaf Carrying Basket Trailers used in the business of selling tea grown and manufactured. The decision was based on interpreting Rule 8 of the Income-tax Rules and applying legal fiction principles to deem the Trailers as part of the machinery used in the business, entitling the assessee to the investment allowance. Case-Laws Income Tax Fri, 22 May 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60309