2012 (9) TMI 267

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..... vidence before AO as to the exact nature of activities undertaken by it in the course of mining, polishing and export of granites the case is remitted back to AO giving opportunity to the assessee to produce relevant evidence. - Civil Appeal Nos. 4549-4551 OF 2005 - - - Dated:- 4-9-2012 - S H Kapadia, CJ and Madan B Lokur, JJ. For Appellant : Mr. V. Prabhakar, Adv. Ms. Jyoti Prashar, Adv. M .....

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..... laims investment allowance under Section 32A of the Act, it has to lead evidence to show that the process undertaken by it constitutes 'production'. This is because the word `production' is the controlling word in Section 32A of the Act. For the above reasons, we set aside the impugned judgment of the High Court as well as of the Tribunal and we remit the case to the Assessing Officer. The Asses .....

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