In the result, revenue’s appeal for A
Bench: Shri Rajpal Yadav Hon'Ble & Shri Manish Borad&
iia) of the Act and M/s. Dilip Buildcon Ltd. ITA No.782/ind/2018 & others Investment allowance uls 32AC of the Act Ld. AO observed that additional depreciation and investments allowance can be claimed only if the assessee is a manufacturer of any article or thing. Ld. AO relying on the judgment of Hon'ble Supreme Court in the case