2001 (9) TMI 54

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..... s that the following substantial question of law arises for consideration of this court: "Whether the process of bleaching, dyeing printing etc., amounted to manufacture of an article or thing within the meaning of section 32A of the Income-tax Act, 1961, and whether the assessee is entitled to investment allowance on the value of the machinery installed and used for the purposes of such busines .....

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..... 993] 199 ITR 679, held that dyeing, bleaching, printing and embroidering of grey cloth constitutes production and manufacture under the Income-tax Act, 1961, so as to entitle the assessee to claim deduction on account of investment allowance. In view of these binding precedents, we find that no substantial question of law arises. Resultantly, no ground for admission of the appeal exists. The app .....

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