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.

permanently useless? ii) Whether the interpretation given by the Appellate Tribunal to Rule 7A(2) contrary to the express provisions of the said Rule? iii) Whether the Appellate Tribunal was right in 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