1990 (7) TMI 60

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....ion, the assessee is asking this court to refer the following three questions under section 256(2) of the Income-tax Act, 1961 : "(1) Whether, on the facts and in the circumstances of the case, the Tribunal was legally correct in holding that the expenditure of Rs. 2,16,264 for the direct feeder line of power not owned by the assessee-company was a capital expenditure ? (2) Whether, on the f....