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2019 (7) TMI 675 - HC - Income TaxNature of expenditure - expenditure incurred on replacement of Rotor assembly, Impeller assembly, Gas Chromatograph, Relay and control Panel - revenue or capital expenditure - HELD THAT:- Proposed question is no longer res-integra in view of the judgement of this Court in the case of the very same assessee rendered [2019 (4) TMI 1723 - GUJARAT HIGH COURT] found that the expenditure claimed as revenue expenditure is in respect of components of the machinery which cannot be treated as the independent machinery in itself as they are not capable of functioning independently. It was further held that the chemical and fertilizer plant was very large plant within which again there are large machines and within the machine there are components requiring replacement due to wear and tear, that was different plants within the fertilizers and chemical plant. - Decided against revenue
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