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2020 (9) TMI 185 - AT - Income TaxTP Adjustment - comparable selection - HELD THAT:- Tribunal in Assessment Year 2003- 04 has directed for exclusion of six comparable companies. Therefore, respectfully following the same, we direct the Assessing Officer/TPO to exclude the six comparable companies mentioned hereinabove. Depreciation @ 15% under the block furniture and fixtures - addition in the nature of lease hold improvement - HELD THAT:- Undisputedly, expenditure on account of civil and interior works and payment has been made only to one M/s Decorator Pvt Ltd. Considering the nature of expenditure, it can be safely concluded that the entire expenditure has been made for improvement of civil supply altering building by civil work. In our considered opinion, such civil work definitely gives a benefit of enduring nature. No error or infirmity in the findings of the ld. CIT(A). This grievance is accordingly dismissed.
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