1992 (7) TMI 36

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the facts and in the circumstances 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 assess....