2012 (9) TMI 590

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....rwal   1. We have heard Shri Dhananjay Awasthi, learned counsel appearing for the Income-tax Department. Shri Rohit Agarwal appears for the respondent-assessee.   2. This Income Tax Appeal under Section 260-A of the Income Tax Act, 1961 (the Act) arises out of judgment and order dated 14.11.2008 passed by the Income Tax Appellate Tribunal, Amritsar Bench (Camp at Meerut) in I.T.A. ....

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....he fact that the expenditure related to the capital works during the year." 3. The respondent-assessee is engaged in the business of exporting processed meat. It purchased meet from the meat suppliers and made payments to them during the year. The AO found that the payments were not made by cross cheque and thus disallowed the payments under Section 40A (3) of the Act. On the question of amount....

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....t the expenditure related to the capital works during the year and the definition of words "current repairs" under Section 31 of the Act. 5. Similar questions had come up for consideration in respect of the same assessee for the assessment year 2001-02. This Court, while deciding the Income Tax Appeal No. 707 of 2007 (The Commissioner of Income Tax vs. M/s Milky Exports International) decided o....