2001 (1) TMI 63

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....of the Revenue, the following question has been referred for the opinion of this court under section 256(1) of the Income-tax Act, 1961 (for short the "Act"), by the Income-tax Appellate Tribunal, Delhi Bench "E", New Delhi (for short the "Tribunal") : "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was correct in law in upholding the decision of t....

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....me-tax (Appeals) (for short the "CIT (A)"). The said authority with reference to the agreement in question came to hold that the detailed project report was encompassed by the expression "plant" as defined in section 43(3) of the Act. The matter was carried in further appeal before the Tribunal by the Revenue. The Tribunal upheld the views of the Commissioner of Income-tax (Appeals). On being move....