Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2002 (3) TMI 242 - AT - Income Tax
Extract:
.......plex Ltd., cited supra. Hence, respectfully following the decision of the Kerala High Court, we are inclined to direct the AO to allow Rs. 8,35,302 being the cost of yarn clearer as revenue expenditure. Thus, this ground of appeal is decided in favour of the assessee. 33. In the result, both the appeals preferred by the assessee are partly allowed.