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2023 (7) TMI 735 - ITAT AHMEDABADNature of expenses - disallowance of consultancy charges as capital expenditure relatable to capital work in progress and not allowable u/s.37(1) - HELD THAT:- As part of expenditure is for the loan from where substantial payments were made in respect of capital work in progress and not for existing business or continuing the business. The same has been found to be excludable as capital expenditure and not allowable under Section 37(1) - The same is, therefore, though not capital expenditure but related to incidental to acquisition of plant/machinery for capital work in progress. The appellant himself worked out such disallowance relatable to capital work in progress and therefore finally found not allowable u/s 37 by the Ld. CIT(A), which according to us is just and proper and without any ambiguity, particularly, in the absence of any assistance rendered by the assessee before us. The same is, therefore, upheld. This ground of appeal, thus, fails. Disallowance of interest - Addition on the ground that the same is relatable to ‘capital work in progress’ - HELD THAT:- CIT(A) worked out Rs.44,00,045/- as extended by the appellant towards capital work in progress and working of interest thereon and the same amount, therefore, has been confirmed by the Ld. CIT(A). The reason given by the Ld. CIT(A) as narrated hereinabove seems to be justified in the absence of any assistance rendered by the assessee before us. The same is, therefore, upheld. Disallowance on account of travelling expenses - purpose of travelling was not submitted by the appellant, the details of such travels or the tour since not submitted - HELD THAT:- As the impugned amount was not found related to business, the restriction of addition made by the Ld. CIT(A) to the amount of Rs.2,14,419/- is found to be justifiable. The same is, therefore, confirmed. The ground of appeal is, thus, found to be devoid of any merit and, thus, dismissed.
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