1992 (7) TMI 36

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....mstances of the case, the Income-tax Appellate Tribunal was justified in directing that the assessee is entitled to investment allowance under section 32A of the Income-tax Act, 1961, in its business of mining and extraction of marble ? " The respondent-assessee is carrying on the business of extracting and selling marble. According to the petitioner herein, the assessee is not entitled to invest....