https://www.taxtmi.com/caselaws?id=60882 The Tribunal ruled in favor of the assessee, allowing investment allowance on machinery used for manufacturing washing soap. The term "soap" in the Eleventh Schedule was interpreted to refer specifically to toilet soap after the exclusion of washing soap. Applying the rule of ejusdem generis, the Tribunal concluded that the investment allowance was eligible based on the contextual and statutory interpretation, emphasizing the exclusion of washing soap from the Schedule. en-us Tue, 19 Apr 1994 00:00:00 +0530 Sat, 08 Jan 2011 14:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60882 The Tribunal ruled in favor of the assessee, allowing investment allowance on machinery used for manufacturing washing soap. The term "soap" in the Eleventh Schedule was interpreted to refer specifically to toilet soap after the exclusion of washing soap. Applying the rule of ejusdem generis, the Tribunal concluded that the investment allowance was eligible based on the contextual and statutory interpretation, emphasizing the exclusion of washing soap from the Schedule. Case-Laws Income Tax Tue, 19 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60882