1995 (8) TMI 8 - HC - Income Tax

Cold Storage Plant, Investment Allowance, Plant And Machinery, Question Of Law, Rectification Of Mistakes, Rectification Proceedings

Summary

The High Court of Allahabad heard an application under section 256(2) of the Income-tax Act, 1961. The court directed the Tribunal to refer the question of law regarding the eligibility of cold storage for investment allowance to the court. The question pertains to the applicability of section 32A of the Income-tax Act to cold storage facilities.