1989 (7) TMI 62

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....so Sri R. K. Agrawal, counsel appearing for the assessee. After having considered the judgments supplied to us by learned counsel for the assessee and hearing both the sides, we are of the opinion that the following are statable questions of law : "(1) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in deleting the addition of Rs. 5,000 made by the Income-....

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.... only the cost of machinery installed in the furnace section, but also on the mill and wire drawing section within the meaning of section 33(1)(b) and items Nos. 1 and 11 of the Fifth Schedule of Income-tax Act, 1961 ? (4) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in deleting the addition of Rs. 1,84,726 made by the Income-tax Officer on accou....