Dcit, Cc-2(1),, Chennai vs M/S. Snj Distillers Pvt. Ltd.,, Chennai on 4
under MAT
provisions. The A.O disallowed investment allowance
U/s 32AC of Rs. 319,08,63,958/-, disallowed other
income for 80lA ... matter of appeal is only regarding
disallowance of investment allowance u/s 32AC of Rs.
319,08,63,958/-. The AO for making this disallowance
regarding the Investment
Allowance claimed by the assessee u/s 32AC were disallowed by
the Assessing Officer and confirmed by the learned ... consideration, the assessee has claimed deduction of
Rs.240 crores u/s 32AC(1) of the Act on the investment of
Rs.1600/- crores made
regarding the Investment
Allowance claimed by the assessee u/s 32AC were disallowed by
the Assessing Officer and confirmed by the learned ... consideration, the assessee has claimed deduction of
Rs.240 crores u/s 32AC(1) of the Act on the investment of
Rs.1600/- crores made
regarding the Investment
Allowance claimed by the assessee u/s 32AC were disallowed by
the Assessing Officer and confirmed by the learned ... consideration, the assessee has claimed deduction of
Rs.240 crores u/s 32AC(1) of the Act on the investment of
Rs.1600/- crores made
regarding the Investment
Allowance claimed by the assessee u/s 32AC were disallowed by
the Assessing Officer and confirmed by the learned ... consideration, the assessee has claimed deduction of
Rs.240 crores u/s 32AC(1) of the Act on the investment of
Rs.1600/- crores made
regarding the Investment
Allowance claimed by the assessee u/s 32AC were disallowed by
the Assessing Officer and confirmed by the learned ... consideration, the assessee has claimed deduction of
Rs.240 crores u/s 32AC(1) of the Act on the investment of
Rs.1600/- crores made
regarding the Investment
Allowance claimed by the assessee u/s 32AC were disallowed by
the Assessing Officer and confirmed by the learned ... consideration, the assessee has claimed deduction of
Rs.240 crores u/s 32AC(1) of the Act on the investment of
Rs.1600/- crores made
erred in allowing the Investment allowance U/s. 32AC & u/s. 32AD,
and excess additional depreciation u/s. 32(1)(iia) of the Income ... erred in noticing the provisions of Sec. 32AC, Sec.32AD of
the Income Tax Act, 1961 which provides for allowance for a company
engaged
additional claim of deduction of
Rs.11,66,05,610/- under section 32AC of the Income Tax Act, 1961, made by the
assessee through ... erred in law in allowing deduction under section 32AC
in respect of capital expenditure incurred by the amalgamating company prior to
amalgamation, ignoring the specific