Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30(a )(i): ITAT [Read Order]

Repairs and Maintenance - Rented Showroom - Workshop - Revenue Expenditure - Repairs - Maintenance - taxscan

The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has held that repairs and maintenance expenditure in rented showrooms and workshop amounts to revenue expenditure and can allow disallowance Under Section 30(a )(i) of the Income Tax Act,1961. Garve Motors Pvt. Ltd., the appellant is a private limited company holding an authorized…

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