2015 (8) TMI 514

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..... Bhavita Kumar, Adv. ORDER 1. This appeal pertains to the Assessment Year (AY) 1996-97. 2. It is not in disputed that barring one question that will be discussed hereafter, the other questions involved in this appeal are identical to those answered by the judgment of this Court dated 24th July 2015 in ITA Nos.69-73/2001 involving the same parties. Consequently the said questions arising in the p .....

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..... t as a capital expenditure. The amount was added to the income. This addition was deleted by the CIT (A) and confirmed by the ITAT. It is pointed out by Mr. Ajay Vohra, learned Senior counsel for the Respondent that the cost of labour, cost of cutting the marble stone etc. was nevertheless allowed by the AO as revenue expenditure. 5. In Comfort Living Hotels P. Ltd. v. Commissioner of Income Tax .....

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