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2022 (12) TMI 575 - ITAT AHMEDABADNature of expenditure - expenses on repairs under renovation - capital expenditure or revenue expenditure - HELD THAT:- On perusal of the material and the facts is the case in Landmark Automobiles Pvt. Ltd. [2014 (12) TMI 753 - ITAT AHMEDABAD] are identical in nature. The Coordinate Bench followed jurisdictional High Court judgment in the case of Desai Bros.[1974 (9) TMI 9 - GUJARAT HIGH COURT] and other High Court judgments. In our considered view this issue is no more res integra. Therefore, respectfully following the ratio of the judgment rendered by the Coordinate Bench in the case of Landmark Automobiles Pvt. Ltd.. [2014 (12) TMI 753 - ITAT AHMEDABAD] we have no hesitation in confirming the order passed by the CIT(A) holding that the expenditure incurred by the assessee for renovating its four business showrooms are revenue in nature. Appeal filed by the Revenue is dismissed.
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