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2022 (7) TMI 164 - AT - Income TaxAddition of capital WIP written off - AO not found claim acceptable on the ground that the said expenses were clearly ‘capital’ in nature, as the Assessee company has itself admitted the fact that “due to certain unavoidable reasons - HELD THAT:- We do not find any reason and/or material to controvert the findings of the ld. Commissioner in affirming the addition under challenge. Hence, the ground No. 1 raised by the Assessee which relates to the affirmation of the disallowance of expenses qua ‘Capital WIP written off’, is dismissed. Addition of expenditure on account of legal and professional charges under the head “other expenses” - Commissioner observed that by its own admission, the Assessee has stated that the expenditure has been for “services of various legal and technical professionals to augment its scale of operations significantly”, thus the expenditure is adjudged as capital expenses - HELD THAT:- We have given our thoughtful consideration to the conclusions drawn by the authorities below to the issue in hand and do not find any reason or material to controvert the findings of the authorities below, specifically, the ld. Commissioner in affirming the addition under challenge and therefore, in our considered view, the conclusion drawn by the ld. Commissioner does not require any interference, as the same does not suffer from any perversity, impropriety and /or illegally. Consequently, ground No. 2 also stands dismissed. Appeal of assessee dismissed.
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