Expenditure incurred on the total reconditioning and overhauling of the machinery, which had outlived its utility, by replacing many vital parts in order to make the same functional cannot be treated as current repairs

Bharat Gears Limited Vs CIT

High Court of Delhi

ITA Nos. 14/2005, 1600 & 1670/2010

Decided on: 3 June 2011

 Judgement

A.K. Sikri, J.

1. In all these three appeals the assessee is the same and even the issue is identical, which pertains to three differe

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