The Commissioner Of Income Tax-3, Mumbai Appellant v. M/S.standard Industries Ltd
High Court
25 Oct 2004 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax-3, Mumbai Appellant v. M/S.standard Industries Ltd
Date of order
25 Oct 2004
Assessment year(s)
—
Outcome
Other
Case summary
In The Commissioner Of Income Tax-3, Mumbai Appellant v. M/S.standard Industries Ltd, the High Court (2004) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORIGINAL SIDE
INCOME TAX APPEAL NO. 441 OF 2003
The Commissioner ofIncome tax-3, MumbaiAppellant
vs.
M/s.Standard Industries Ltd.
Respondent
Ms.S.V.Bharucha i/b. Mr.K.B. Rao for the appellant.
P.C.
CORAM: R. M. LODHA &J.P.DEVADHAR,JJ.
DATED: 25th October 2004
Heard.
2. The following substantial question of law arises in
this appeal:
"Whether on the facts and in the circumstancesof the case and in law, the Tribunal wasjustified in law in holding that the assesseewas entitled to investment allowance oncertain plant and machinery, computers andweighing machine when they were neither useddirectly in the production nor were they anintegral part of the manufacturing process?"
2. Admit.
(R.M. LODHA,J.)
(J.P. DEVADHAR,J.)
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