SRI. SATISH RAJAPUR,HOSPET vs. DCIT, BELLARY
In the result, the appeal of the assessee is partly allowed
ITA 425/BANG/2014[2008-09]Status: DisposedITAT Bangalore24 Sept 2015AY 2008-09
Bench: Shri Vijay Pal Rao & Shri Jason P. Boaz, Assessment Year : 2008-09
For Appellant: Shri Gurunathan, AdvocateFor Respondent: Shri Sunil Kumar Agarwala, Jt.CIT(DR)
Section 2Section 32(1)(iia)Section 40a
32(1)(iia)of the Income-tax
Act. Thus, assessee’s appeal is allowed.”
10. The relevant facts have not been examined by the AO as to the source of revenue earned by the assessee and for earning income from the activity of excavation, crushing and screening, whether the assessee has used newly acquired machinery on which the claim
