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2023 (3) TMI 961 - AT - Income TaxNature of expenditure - expenditure on workshop building - permanent structure or temporary structures -depreciation at the rate applicable to buildings allowed - HELD THAT:-The impugned issue has been considered by the larger Bench of jurisdictional High Court of Kerala in the case of Indus Motors Company Pvt. Ltd. [2016 (5) TMI 472 - KERALA HIGH COURT] wherein held whether an expenditure incurred by the assessee is a capital expenditure or revenue expenditure is to be decided on the facts of each case by applying the relevant tests - we are inclined to decide this issue in favour of the assessee and against the revenue.
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