Replacement - Judgment Search Results

The Commissioner of Income-tax Vs. Janakiram Mills Ltd.

Court: Chennai

Reported in: 2005(196)CTC551; [2005]275ITR403(Mad)

..... current repair expenditure is allowable as revenue expenditure as claimed by the assessees or the replacement of cards blow room machinery combing machinery etc are to be considered as capital ..... asset much less capital of any enduring advantage resulted to the assessee respondent the assessees replaced the worn out part of machineries without discontinuing its production activities no claim for .....

Bses Kerala Power Limited Vs. Commissioner of Customs

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT

..... the sponsoring authority the secretary to government of kerala has duly certified that the impugned replacement imports are eligible items to be imported under the project imports once the sponsoring ..... whether the appellants are entitled to the project import concessional assessment in respect of the replacement goods imported by them no doubt the appellants had registered the contract with the .....

Loyal Textile Mills Ltd. Vs. Dy Cit, Special Range-ii, Madurai

Court: Income Tax Appellate Tribunal ITAT Chennai

Reported in: (2006)6SOT97(Chennai)

..... expenditure on the contrary shri santhanakrishnan the learned counsel submitted that admittedly the assessee replaced the machinery in the textile mills the learned counsel submitted that the entire ..... function independently elsewhere the learned counsel further submitted that the existing electrical items were replaced just to maintain the existing system in a running condition the carding machine .....

Sunbeam Auto Ltd. Vs. Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2006)100TTJ(Delhi)209

..... the cit is inconsistent with the practice followed by the appellant of treating expenditure on replacement of dies and moulds as revenue expenditure which has been consistently accepted by the department ..... the assessment years was the expenditure treated as capital expenditure hence the expenditure incurred on replacement of damaged rolls was in the nature of revenue expenditure and not capital in .....

Sudhir Engineering Company Vs. Cce

Court: Customs Excise and Service Tax Appellate Tribunal CESTAT Mumbai

..... in these appeals is whether while repairing the defective compressors any part such as stators replaced by the appellant involves manufacturing activity attracting duty under the central excise act the appellant ..... the factory of the appellants for repairing of the compressors later the materials required for replacing the scrapped components are received on payment of duty from the factory of the .....

Hotel Diplomat Vs. Addl. Cit

Court: Income Tax Appellate Tribunal ITAT Delhi

..... activities were inter linked having common management ownership and funds regarding the repairs and replacement and building maintenance it was submitted that complete information of facts and judicial decisions ..... rent and interest income and also in allowing deduction as revenue expenditure and repairs replacement and building maintenance he also submitted that the principle of res judicata are not .....

The Jcit, Spl.Rg. 27 Vs. Mahindra Sona Ltd.

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2005)98TTJ(Mum.)134

..... arrive at the cost determined before transfer the machinery had been valued by taking the replacement cost from the price list of other manufacturing companies like hmt the depreciation taken into ..... the sale bills or any like manner independent evidence rather hypothetical depreciated value termed as replacement value was taken into account by the valuer in stead of ascertaining actual cost as .....

Sri Venkatesa Paper and Boards Vs. the Dy. Commissioner of I.T.

Court: Income Tax Appellate Tribunal ITAT Chennai

Reported in: (2006)99TTJ(Chennai)450

..... on account of wrong calculation depreciation increased for all these years and the claim of replacement of assets should have been pursued before the higher forum accordingly the assessee preferred these ..... ble jurisdictional high court and the tribunal benches are taking a consistent view that the replacement of machinery is revenue expenditure now the question arises as to whether the assessee .....

R. Govinda Rao Vs. Director, National Institute of Technology, (Region ...

Court: Andhra Pradesh

Reported in: 2006(2)ALD152; 2006(2)ALT411

..... on an ad hoc basis indefinitely and that one ad hoc employee could not be replaced by another according to the learned counsel since the petitioners possessed the requisite qualification prescribed ..... promotion committee duly constituted and by no other body therefore ad hoc employee should be replaced as expeditiously as possible by direct recruits a little leeway to make ad hoc appointment .....

Madhab Saha and ors. Vs. State and ors.

Court: Kolkata

Reported in: 2006(1)CHN59

..... rtas in respect of only bharat stage ii emission norms complaint vehicles 2 applications for replacement of vehicles except three wheelers against any existing permit within kolkata metropolitan area shall ..... of such class is apparent from the impugned notification since admittedly the application for replacement was made prior to the issuance of the 7th june 2004 notification this notification .....