2002 (7) TMI 75

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..... ditioning plant installed during the relevant previous year?" The point that arises in the tax case is whether the assessee, a cinema theatre, is entitled to claim investment allowance in respect of the air-conditioning plant as well as on the projector installed by it in the theatre. - We, therefore, hold that the Tribunal was correct in holding that the assessee is not entitled to claim investme .....

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..... relevant previous year?" The point that arises in the tax case is whether the assessee, a cinema theatre, is entitled to claim investment allowance in respect of the air-conditioning plant as well as on the projector installed by it in the theatre. All the authorities have rejected the claim of the assessee for investment allowance on the ground that the assessee is not engaged in the manufac .....

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..... aken by this court in Adayar Gate Hotels Ltd. v. CIT [2000] 241 ITR 279 wherein it was held that the air-conditioning plant installed does not qualify for investment allowance. We, therefore, hold that the Tribunal was correct in holding that the assessee is not entitled to claim investment allowance on the projector as well as air-conditioning plant installed in the cinema theatre. Accordingly, t .....

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