2019 (4) TMI 1788

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..... fficer 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. T .....

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..... . Common facts arise in these appeals. We may notice facts from Appeal No. 396 of 2017. 2. Following question has been presented by the revenue for our consideration: Whether on the facts and circumstance of the case and in law, the Tribunal was correct in allowing the expenditure of ₹ 26,30,65,934/incurred on DSRM trial run as revenue expenditure without appreciating the .....

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