2023 (4) TMI 897

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....AM JOSEPH MARKOS, SRI.ISAAC THOMAS, SHRI.ALEXANDER JOSEPH MARKOS, SHRI.VIPIN ANTO H.M., SHRI.SHARAD JOSEPH KODANTHARA RESPONDENTS: ADVS. SRI.P.K.RAVINDRANATHA MENON (SR.), SRI.JOSE JOSEPH, SC, FOR INCOME TAX JUDGMENT S.V.Bhatti, J. Heard Senior Adv. Joseph Markos for the appellant and Mr Navaneeth. N. Nath holding for Mr Jose Joseph, Standing Counsel for parties. 2. M/s. Velimali Rubber Co. L....

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....of the Income Tax Act? 3) Whether, on the facts and circumstances of the case, Appellate Tribunal is right in holding that the cost of replantation of rubber trees in replacement of old and useless rubber trees in a previously planted area cannot be allowed under Rule 7A(2) of the Income Tax Rules? 4) Whether, on the facts and circumstances of the case, Appellate Tribunal is right in holding t....

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....e Court in the case of Rehabilitation Plantations vs CIT, reported in 251 CTR 343 CTR requires reconsideration? 4. The learned counsel appearing for the parties state that the questions of law framed in instant appeals are covered by the Full Bench order dated 01.08.2022 in I.T.A No.201/2013 and batch. The question considered by the Full Bench reads thus: "Whether the assessee/Plantation Compan....