A leasing or finance company, which leased out machinery owned ...
High Court Grants Investment Allowance to Leasing Companies for Machinery Leased for Manufacturing u/s 32A.
March 7, 2014
Case Laws Income Tax HC
A leasing or finance company, which leased out machinery owned by it, to third parties, who used the machinery for manufacture of articles or things as specified in Section 32A(2)(b)(III) would be entitled to investment allowance u/s 32A - HC
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