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2023 (4) TMI 851 - AT - Income TaxNature of expenses - Expenditure on stores and spares consumed during the year - disallowance on the ground that such stores and spares can be used as self-contained machinery items - HELD THAT:- As this Tribunal in assessee’s own case [2022 (11) TMI 129 - ITAT SURAT] held that assessee has replaced the existing part of machine or replaced the parts which have become obsolete and the replacement was essential. It was held that the replacement has not increased the existing capacity, so entire expenditure was treated as revenue expenditure. Decided in favour of assessee. Non-grant/short term of TDS - HELD THAT:- As counsel pointed out that AO has not granted TDS credit despite of repeated reminders. Therefore, we direct the AO to examine the relevant documents and evidences and grant the TDS credit in accordance with law. Charging of interest u/s 234C and 234D - HELD THAT:- As these grounds are consequential in nature, therefore we direct the AO to compute the interest under section 234C and 234D in accordance with the provisions of law.
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