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2009 (12) TMI 695 - AT - Income TaxDeletion of penalty - nature of expenses- capital expenses or revenue expenses- part of repair & maintenance of plant & machinery and building - Held that:- Disallowance was made by the Assessing Officer by treating part of repairs to building and plant and machinery expenses as capital and hence, it does not amount to furnishing of inaccurate particulars of income. This issue was of debatable nature and two views are equally probable. Decided in favor of the assessee.
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