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TMI Blog2015 (8) TMI 423X X X X Extracts X X X X X X X X Extracts X X X X ..... the orders passed by the Commissioner and the Tribunal, which show that on import of the machinery, using local labour, the assessee had installed it. To prove that the Press was installed and commissioned, the assessee had produced before the Assessing Officer a bill issued it for undertaking printing work. However, the Assessing Officer declined to act upon that bill stating that it lacked any ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -7-2015 - ANTONY DOMINIC AND SHAJI P. CHALY, JJ. FOR THE APPELLANT : SRI.JOSE JOSEPH, SC, FOR INCOME TAX FOR THE RESPONDENT : SRI.SAJI VARGHESE JUDGMENT Antony Dominic,J. This appeal is filed by the Revenue challenging the order passed by the Income Tax Appellate Tribunal, Cochin Bench in ITA No.194 of 1999 concerning the assessment year 1982-1983. By the said order, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e expenditure towards installation of the printing press in question. That was disallowed by the Assessing Officer. In the appeal filed, the Commissioner of Income Tax (Appeals) held it to be a capital expenditure on the basis that installation of the machinery was not completed in the previous assessment year. 4. Relying on that observation made in the appellate order, the assessment for the y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that on import of the machinery, using local labour, the assessee had installed it. To prove that the Press was installed and commissioned, the assessee had produced before the Assessing Officer a bill issued it for undertaking printing work. However, the Assessing Officer declined to act upon that bill stating that it lacked any evidentiary value. The reason for such conclusion was that it was is ..... X X X X Extracts X X X X X X X X Extracts X X X X
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