2008 (2) TMI 916

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..... taken up for hearing. Mr. Sanjay Lal, learned counsel for the Revenue, fairly stated that he has no objection. The present appeal preferred under s. 260A of the IT Act, 1961 is admitted on the following substantial questions of law : (A) Whether in the facts and circumstances of the case, Tribunal was correct in holding that poultry shed does not constitute plant and depreciation @ 25 per .....

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..... r as question No. B is concerned it is fairly stated at the Bar that the controversy is covered by the decision rendered in Asstt. CIT vs. Central Hatcheries (P) Ltd. (MAIT No. 25/2006, decided on 7th May, 2007) wherein the appeal preferred by the Revenue was dismissed. In view of the aforesaid the interest charged by the AO under ss. 234B and 234C of the IT Act, 1961 is not tenable and accordingl .....

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