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1 - 5 of 5 (0.20 seconds)R.C. Chemical Industries vs Commissioner Of Income-Tax, New Delhi on 15 May, 1981
3. The Delhi High Court in R.C. Chemical Industries v. CIT [1982] 134 ITR 330 has laid down the following principles (at page 336) :
Additional Commissioner Of Income-Tax vs Madras Cements Ltd. on 2 February, 1977
6. Learned counsel for the assessee has placed reliance on the decision of the Madras High Court in the case of Addl. CIT v. Madras Cements Ltd. [1977] 110 ITR 281, wherein it was observed that the expression "plant" has to be construed in the context of the particular kind of trade or manufacture carried on by the assessee and if in the context it could be taken as "plant" as understood in the popular sense it would be eligible for the allowance of depreciation and development rebate.
Commissioner Of Income-Tax vs U.P. Hotel And Restaurants Ltd. on 9 November, 1982
7. Reliance has also been placed on the decision of the Allahabad High Court in the case of CIT v. U. P. Hotel Restaurant Ltd. [1980] 123 ITR 626, wherein the conference hall was held falling within the purview of Section 32(1)(v) as a new building.
Section 256 in The Income Tax Act, 1961 [Entire Act]
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