Machinery installation charges are capital expenditure

HIGH COURT OF DELHI Bharti Televentures Ltd. Versus Additional/Joint Commissioner of Income-tax IT APPEAL NOS. 1395 OF 2006 & 1656 OF 2010 DECEMBER 18, 2012 ORDER S. Ravindra Bhat, J. The present appeals are directed against a common order of Income Tax Appellate Tribunal dated 10.03.2006 in cross-appeals filed before the Tribunal. The questions of law sought to be urged are: – “(i)  Whether the Tribunal fell into error in holding that Rs. 1,35,05,869/- paid by the assessee as installation expenditure by the assessee was capital in nature and has to be treated...