keeping in view clause (v) of sub-section (4)
of Section 32AC of the 1961 Act, the said block of Pollution Control
5
Madhu Silica ... laid down in Section 32A . The erstwhile
Section 32A also dealt with investment allowance. We are concerned with
interpretation of Section 32AC . The relevant portion
several details
pertaining to Petitioner's claim for deductions under Section 32AC of
the Act. These include details of the installation of the machinery ... Certification for the
purpose of calculation of allowance under Section 32AC of the Act.
3. The assessment came to completed by an order dated
PCIT erred in not appreciating that the word production appearing in sec.
32AC has a wider connotation in comparison to "manufacturer ... depreciation u/s 32(1)(ii); &
(iii) Disallowance u/s 14A.
4. On the issue of claim of deduction u/s 32AC
sentence ' section 32 of the I.T. Act' is wrongly mentioned due to
typographical error instead of " section 32AC ... proceeding further, there is necessity to examine
the background under which section 32AC of the I.T. Act was
introduced."
4. Except
deducting tax at source u/s. 195
Deduction u/s. 10A, 10AA in respect of onsite 7 8
activities
Deduction u/s. 80JJAA ... Indonesia u/s. 40(a)(i) [AY 2015-16]
Disallowance of payments made to US authorities 10 -
Disallowance of deduction claimed u/s. 32AC
filed on 29.11.2016, wherein, the assessee
had claimed investment allowance u/s 32AC and the additional depreciation.
It was the submission that subsequently ... Officer has completed the consequential order
withdrawing the benefit of section u/s.32AC and the additional depreciation
granted to the assessee
