THE INDIAN HOTELS COMPANY LTD. vs. INCOME TAX OFFICER,CIRCLE 1, BOMBAY
In the result, Transferred Cases No
T.C.(C) No.-000020-000024 - 1989Supreme Court08 Aug 2000
For Respondent: THE INCOME TAX OFFICER, MUMBAI & OTHERS
Section 256(2)Section 32ASection 80Section 80JSection 80J(1)Section 80J(4)(iii)Section 80J(6)
80J(6) : This section applies to the business of any
hotel, where all the following conditions are fulfilled,
namely:
(a) . (b) . (c) . (d) The hotel is for the time
being approved for the purposes of this sub-section by the
Central Government;"
The relevant part of Section 32A of the Act which
grants investment allowance reads thus
