2002 (3) TMI 17

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 61, against the order dated August 24, 2001, passed by the Income-tax Appellate Tribunal, Indore. Learned counsel contended that two questions would be involved in this appeal, namely: whether investment allowance of Rs.64,087 was properly allowed by the Assessing Officer towards machinery, which was installed during the period April 1, 1987 to March 31, 1988, and whether deletion of amount by .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... For the reasoning recorded by the Tribunal, we find that this ground, with regard to investment allowance, has been rendered a question of fact, which is not required to be answered by this court. As regards interest was concerned, the assessee has explained that interest free advance was given to Premier Proteins, a subsidiary of the assessee-company as per stipulation of bank and the same wa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X