THE RAHABILITATION PLANTATION LTD. vs. COMMISSIONER OF INCOME TAX

Appeal is allowed in part as indicated above

Bench: The Income Tax Appellate Tribunal, Cochin Bench. The Subject Matter Of Appeal Relates To Assessment Year 2008-09 & The Controversies Relate To The Allowance Claimed By The Assessee Towards The Replantation Of Rubber Plants In An Area Where Rubber Trees Were Planted & Have Become Unproductive & Are Not In An Abandoned Area As Required By Rule 7A (2) Of The Income Tax Rules 1962, The Deduction Of Expenditure Incurred Towards Upkeep & Maintenance Of Rubber Saplings Till Maturity Or The Trees Yield & The Loss Incurred At The Rubber Sheet Factory.

disallowing the loss claimed by the Appellant from rubber sheet factory? iv) Whether the Appellate Tribunal erred in not allowing the prior period expenses, paid by the appellant during the previous year relating to the Assessment Year 2008-09? v) Is not the finding of fact by the Appellate Tribunal erroneous and perverse?” 5. The learned counsel appearing

M/S.APOLLO TYRES LTD vs. THE ASSITANT COMMISSIONER OF INCOME - TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

disallowance of part depreciation ignoring the fact that concept of block of assets had been inserted in the Act and individual items included in the block are not to be considered separately for the purposes of granting depreciation? I.T.A. No.147/2014 -4- 3. The substantial questions raised by the assessee are covered by the view already we have taken in disposed