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2017 (10) TMI 161 - AT - Income TaxDepreciation claimed on temporary structure - whether the structure is not older existing structure but it is a new structure and also this structure cannot be considered as temporary structure - Held that:- There is a force in the argument of ld.A.R that the temporary structure created in leased out premises cannot be considered as a capital expenditure so as to grant depreciation over a period of 5 years. The judgement relied by the ld.A.R is rightly considered by the CIT(A) on the issue. Accordingly, we are of the opinion that the assessee is entitled for 100% depreciation in respect of vinyl flooring, false ceiling, glass and wooden partitioning, electrical wiring, Net work cabling etc., in the leased premises as they are Temporary structures. Accordingly, we dismiss the appeal of Revenue.
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