2000 (3) TMI 33

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....ome-tax, Tamil Nadu-IV, Madras, seeks direction of this court to refer the question. The assessee-firm, Hansa Cine Equipments, No. 87, Mount Road, Madras-2, filed returns for the assessment years 1987-88 and 1990-91. The Income-tax Officer rejected its claim for investment allowance under section 32A of the Income-tax Act, 1961. The assessment was confirmed by the Commissioner. On appeal before....