Commissioner Of Income-Tax vs Down Town Hospital Pvt. Ltd. on 22 December, 2003
The ratio in Live Tone v. State of Tripura [2001] 122 STC 115 (Gauhati) and in Vishwa Vimohan Jha v. State of Meghalaya [2002] 1 GLT 276 also lend support to the above view. The preponderance of judicial opinion and desirability of uniformity impel us to decide that the assessee-firm is entitled to investment allowance under Section 32A(2)(b)(ii)."