2009 (7) TMI 48

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....ADARSH KUMAR GOEL, J. - The revenue has preferred this appeal under Section 260A of the Income Tax Act against the order dated 4.1.2008 passed by the Income-tax Appellate Tribunal, Delhi Bench "F" New Delhi in ITA No.182/Del/2004 for the Assessment Year 1997-98 proposing to raise the following substantial questions of law:- i) "Whether on the facts and in the circumstances of the case, the H....

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.... The Tribunal affirmed the said view with the following observations: "The expenditure in question had been incurred during the P.Y.and was revenue in nature. The fact that the material could be used in the subsequent A.Y. is no ground to deny the claim for deduction. Consequently, ground No.1 raised by the Revenue is dismissed." xx xx xx xx xx xx " There is no material before the AO t....