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2020 (10) TMI 422 - HC - Income TaxExpenditure incurred on the lease premises towards civil works, furniture, etc. - revenue expenditure OR capital expenditure - HELD THAT:- In the present case, the Assesses had incurred substantial expenditure towards renovation leading to enduring benefit. They are not merely repairs. The Assessees had also incurred expenditures towards improvement and construction of the building. These cannot be termed as 'repairs'. Consequently, this alternate submission is rejected by us. Second alternate submission advanced by Mr.M.P.Senthil Kumar that the case should be remitted back to the Assessing Officer is also rejected since the fact have been addressed and settled by the Authorities below and it had been concurrently found that the expenditure were capital in nature. The issue of bifurcating the said expenses as capital and revenue would therefore not arise. Substantial questions of law have to be answered in favour of the Revenue and against the Assessee
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