https://www.taxtmi.com/caselaws?id=172836 The Department's appeals regarding the treatment of expenses on cast iron moulds as revenue or capital expenditure for assessment years 2007-08 and 2004-05 were dismissed. The ld. CIT(A) decision in favor of the assessee was upheld by the Tribunal for both years, following a previous ITAT decision. The Department's appeals were dismissed, and the Cross Objections of the assessee were also dismissed as they supported the ld. CIT(A)'s order. en-us Wed, 04 May 2011 00:00:00 +0530 Wed, 02 Sep 2015 12:24:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172836 The Department's appeals regarding the treatment of expenses on cast iron moulds as revenue or capital expenditure for assessment years 2007-08 and 2004-05 were dismissed. The ld. CIT(A) decision in favor of the assessee was upheld by the Tribunal for both years, following a previous ITAT decision. The Department's appeals were dismissed, and the Cross Objections of the assessee were also dismissed as they supported the ld. CIT(A)'s order. Case-Laws Income Tax Wed, 04 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172836