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2010 (3) TMI 234 - HC - Income TaxDisallowance of expenditure – contribution towards PF – allowance u/s 36(1)(va) – share of employee and share of employer – deduction of expenditure incurred in connection with load extension (P&E) and purchase of distribution panel (R&M) – enduring nature – Held that: (1) regarding deduction of contribution towards PF, decision of apex court in the matter of CIT v. Alom Extrusions Ltd., (2009 -TMI - 35073 - SUPREME COURT) to be followed – and accordingly decided in favor of assessee – (2) question whether expenditure is of capital expenditure or revenue expenditure is necessarily a question of fact. There are various ingredients which constitute the conclusion whether the expenditure is capital in nature or revenue
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