Modification carried out on-premises in Small Scale Repair does not constitute Capital Expenditure: ITAT [Read Order]

premises - small scale repair - capital expenditure - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Surat Bench has held that modification carried out on-premises in small scale repair does not constitute capital expenditure and deleted the addition of Rs.2,06,400/ to capital expenditure. The appellant is a partnership firm engaged in the business of embroidery job work where the assessee has shown purchases of GPO…

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Suvidha Fashions vs Income Tax Officer

CITATION:   2022 TAXSCAN (ITAT) 515

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