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2014 (8) TMI 1085 - AT - Income TaxDisallowance of expenditure on repairs and maintenance of building, plant and machinery - Held that:- As observed that the Tribunal in the assessee’s own case for the A.Y. 2008-09, has decided a similar expenditure on account of renovation of godown floor as revenue in nature. Following the said order, we are of the considered opinion that the expenditure on account of replacement and maintenance on building has to be treated as revenue expenditure and the assessee is entitled for the claim of deduction. As regards the other expenditure claimed by the assessee on account of repairs and maintenance to plant and machinery, after considering the nature of the expenditure incurred by the assessee as aforementioned in the table, we are of the considered view that the said expenditure do not result in any enduring benefit to the assessee as the expenses are periodically necessary for running the business of the asseseee. Therefore, the authorities below are not justified in treating the same to be capital in nature. - Decided in favour of assessee
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