revenue expense. It
was further argued that CWIP includes plant, equipments and
cranes which are of enduring nature and as such the assessing
officer ... plant and machinery of the appellant business is in
the shape of cranes, cement feeding plants etc.
(c ) Its quiet understandable that the cranes
addition of Rs. 44,54,426 made on account of purchase
of crane and allowing depreciation on the same, the Assessing
Officer observed that ... assessee had purchased a crawler crane
for an amount of Rs. 24,61,000 excluding the cost of spare parts
addition of Rs. 44,54,426
made on account of purchase of crane and allowing
13 ITA No.4185 & 4186/Mum/2017
Navin Shantilal ... same, the Assessing Officer
observed that the assessee had purchased a crawler
crane for an amount of Rs. 24,61,000 excluding the
cost
foreign mother vessel and with the aid of a 'Floating Crane' the imported cargo is water borne from the "mother vessel ... Continuous Barge Unloader (hereinafter referred to as 'CBU'), Figee Crane, H.B.L. Loader System and Conveyor Belt System installed with the help
Belgium and is in the business of hiring and leasing heavy cranes.
Sarens group is stated to be one of the global leaders in transport ... handling, Sarens group is also
engaged in retail and the operation of cranes and the problem solving linked with
the crane work, rendering services with
High Court observed that the
ONGC had a clear control over the crane during the entire period of
operation of the contract, though the cranes ... parties indicate the clear dominion and
control of ONGC over the crane during the entire period of operation
of the contract once a crane
addition of Rs. 44,54,426
made on account of purchase of crane and
allowing depreciation on the same, the Assessing
Officer observed that ... assessee had purchased
a crawler crane for an amount of Rs. 24,61,000
excluding the cost of spare parts
addition of Rs. 44,54,426 made on account of purchase of
crane and allowing depreciation on the same, the Assessing Officer
observed that ... assessee had purchased a crawler crane for an
amount of Rs. 24,61,000 excluding the cost of spare parts
addition of Rs. 44,54,426
made on account of purchase of crane and
allowing depreciation on the same, the Assessing
Officer observed that ... assessee had purchased
a crawler crane for an amount of Rs. 24,61,000
excluding the cost of spare parts
addition of Rs. 44,54,426 made on account of purchase of
crane and allowing depreciation on the same, the Assessing Officer
observed that ... assessee had purchased a crawler crane for an
amount of Rs. 24,61,000 excluding the cost of spare parts
