Supreme Court rules on industrial unit value exceeding Rupees 10 lacs, upholding appellants' letter as evidence

The Supreme Court of India upheld the decision that the value of plant and machinery in an industrial unit exceeded Rupees ten lacs based on a letter from the appellants to the suppliers, indicating the value surpassed the threshold. Despite the appellants' attempts to explain the letter, the Court found no grounds for intervention due to the letter's unambiguous content.

---

---

The Supreme Court of India addressed whether the value of plant and machinery in an industrial unit exceeded Rupees ten lacs. Revenue relied on a letter from the appellants to the suppliers, indicating the value exceeded the threshold. The appellants tried to explain the letter, but the Court found no reason to interfere based on the letter's clear language. (1996 (11) TMI 90 - SC)

---