THE COMMR. OF INCOME TAX A.P.-I vs M/S B.L.V. HATCHERIES — C.A. No. 5903/1999

On July 17, 2001, the Supreme Court allowed the Income Tax Commissioner's appeal, setting aside the High Court's order that had favored B.L.V. Hatcheries' entitlement to investment allowance under Section 32A. The Court answered the question in the negative and in favor of the Revenue, relying on the overruling of the precedent judgment in Sri Venkateswara Hatcheries case. No order as to costs was made; the respondent appeared ex-parte. This case analysis is maintained by casestatus.in based on publicly available court records.