TMI Blog1987 (8) TMI 45X X X X Extracts X X X X X X X X Extracts X X X X ..... 1961 (hereinafter referred to as " the Act"), the applicant has prayed that the Tribunal be directed to state the case and to refer the following questions of law to this court for its opinion: " (1) Whether, on the facts and in the circumstances of the case, the expenditure of Rs. 22,650 incurred on plantations in the factory premises and residential quarters of the company is allowable as dedu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deduction in respect of an amount of Rs. 22,643 being expenditure on plantations as business expense. The Income-tax Officer disallowed that claim on the ground that the expenditure was in the nature of capital expenditure. On appeal, the finding of the Income-tax Officer was affirmed. Further appeal preferred by the, assessee before the Tribunal was also dismissed. An application filed by the ass ..... X X X X Extracts X X X X X X X X Extracts X X X X
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