MALANKARA PLANTATIONS LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX
ITA/23/2018HC Kerala04 Aug 2022
Bench: The Income Tax Appellate Tribunal, Cochin Bench. The Subject Matter Of Appeal Relates To Assessment Year 2011-12 & The Controversies Relate To The Allowance Claimed By The Assessee Towards The Replantation Of Rubber Plants In An Area Where Rubber Trees
Section 10(31)Section 24Section 37
10(31) of Act 1961. The upkeep
and maintenance expenses incurred by the assessee till the
maturity of rubber trees are revenue expenditures eligible for
I.T.A. No.23/2018
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deduction under Section 37 of Act 1961.”
4.
The assessee raises the following substantial
questions of law:
“1) Whether, on the facts and in the circumstances of the case,
the Appellate Tribunal
