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2019 (4) TMI 1788 - HC - Income TaxExpenditure incurred on DSRM trial run - nature of expenditure - revenue expenditure - expenditure has been incurred before commissioning - HELD THAT:- The issue arises out of the return of income by the assessee for the assessment year 1997-98. The Assessing Officer had disallowed certain expenditure treating as preoperative expenditure. CIT (Appeals) and the Tribunal ruled in favour of the assessee coming to the conclusion that the assessee was not starting a new business. The assessee was already engaged in the same line of forging business since financial year 1993-94. The assessee had installed new machinery for better management of the business. The assessee had thus employed improved technique for production as the part of existing business. These finding of facts are not seriously controverted by the revenue. Concurrent findings of the CIT(Appeals) and the Tribunal thus are the assessee had incurred expenditure not for starting of new business, but for improving output in the existing business. No question of law arises. Income Tax Appeals are dismissed.
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