TMI Blog1991 (11) TMI 10X X X X Extracts X X X X X X X X Extracts X X X X ..... , 1961, we are concerned with the assessment for the assessment year 1979-80. Three questions are referred. The first question reads thus : "Whether, on the facts and in the circumstances of the case, the expenditure incurred in respect of the Dairy Machinery Unit is deductible as an expenditure laid out for the purposes of business of the assessee?" Counsel are agreed that the question must b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of the Supreme Court in Scientific Engineering House P. Ltd. v. CIT [1986] 157 ITR 86. Having regard to these judgments, the second question, as it is agreed, is to be answered in the affirmative and in favour of the assessee and it is so answered. The third question to be answered reads thus : "Whether, on the facts and in the circumstances of the case, the assessee was entitled to depreci ..... X X X X Extracts X X X X X X X X Extracts X X X X
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