General Contracts Co. vs Commissioner Of Income Tax on 25 August, 2006
In the unreported judgement of this Court in the matter of Commissioner of Income-Tax v. Sandeep Construction (supra), the Division Bench of this Court had observed that the finding given by the Tribunal that the assessee was engaged in mining would be a finding based on facts of the said case, which were apparent from the relevant clause in the contract. The Division Bench, in the said matter, held that the said Assessee was entitled to the investment allowance. In that matter also, the Assessee was engaged in the activity of mining and excavating lignite.