TMI Blog1984 (8) TMI 5X X X X Extracts X X X X X X X X Extracts X X X X ..... angalore Bench, is as follows : "Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was justified in law in holding that the Naini factory did not constitute a new business but was an expansion of the existing business at Bangalore ?" The assessee-company had established a unit at Naini and for the assessment year 1970-71, it claimed deduction in respect of cert ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ustrial undertaking, it can be treated as separate units, but it cannot be said that it was a new business altogether. The expenditure claimed by the assessee would, therefore, be allowable as revenue expenses. We, therefore, reverse the orders of the authorities below in this regard and direct the allowance of the expenses claimed in toto." It will be seen from the above finding recorded by the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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