2008 (9) TMI 109

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ent JUDGMENT This appeal by the Revenue was admitted vide order dt. 4.10.2006 by framing the following substantial question of law:- "i) Whether in the facts and circumstances, the Tribunal was justified in holding that the amount of Rs. 1,37,09,546/- was allowable deduction as current repairs of plant and machinery under Section 31(1) or as revenue expenditures incurred wholly laid out f....