In Tax v. Padmavathi Hatcheries Pvt. Ltd.[[1]], The Question Is Answered In, the High Court (2012) decided the matter.
Decision: Reference stands disposed of accordingly. __________________ MADAN B.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
REFERREE CASE NO.102 OF 1997
DATED:13.3.2012
Between:Commissioner of Income TaxA.P.-IIHyderabad … Applicant
And
M/s. Kasila Farms Pvt. Ltd.Hyderabad … Respondent
THE HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
THE HON’BLE SHRI JUSTICE SANJAY KUMAR
REFERRED CASE NO.102 OF 1997
ORDER:(per the Hon’ble the Chief Justice Shri Madan B. Lokur)
The following question of law is framed for consideration.
“Whether on the facts and in the circumstances of thecase, the ITAT was correct in law in directing to allowinvestment allowance on poultry sheds, treating them as‘Plant’?
2. In view of the decision of this Court in Commissioner of Income
Tax v. Padmavathi Hatcheries Pvt. Ltd.[[1]], the question is answered in
favour of the Revenue and against the assessee.
3. Reference stands disposed of accordingly.
__________________
MADAN B. LOKUR, CJ
__________________
SANJAY KUMAR, J
13-3-2012
bnr
[1][2011] 335 ITR 325 (AP)
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