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…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan AdFree

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹599 + GST for 1 year

Subscribe Now

Suvidha Fashions vs Income Tax Officer


Related Stories