Sections 32A and 43A 1 of the Act read as under Section 32A INVESTMENT ALLOWANCE.
Arising out of SLP C Nos.24479 24481 of 2005 Dr. ARIJIT PASAYAT, J. Leave granted.
Challenge in these appeals is to the order passed by a Division Bench of the Madras High Court dismissing the Tax Case Appeals as according to the High Court the case at hand is companyered against the revenue in view of the order passed earlier by the High Court in Southern Asbestos Cement Ltd. v. Commissioner of Income Tax 259 I.T.R. 631 .
These appeals relate to assessment years 1989 90, 1991 92 and 1992 93.
