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2006 (1) TMI 68 - HC - Income TaxSections 80HH and 80-I - industrial undertaking - "(1) Whether the Appellate Tribunal is right in holding that the assessee-company is an industrial undertaking for the purposes of sections 80HH and 80-I? (2) Whether the Appellate Tribunal is right in confirming the order made by the Commissioner of Income-tax (Appeals) whereby he had held the cars, trucks, dead stock, pumps, etc., are not plant and machinery for the purpose of determining the cost of project for treating the assessee as small scale industrial undertaking?" - both the questions are answered in the affirmative, i.e., in favour of the assessee and against the Revenue.
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