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Case Digest on Treatment of Capital Investments under Income Tax
Capital Investments are utilised by companies to purchase fixed assets. Buildings, Machinery or Land to quote a few. The investments can be either...
![Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Interest-of-loans-Plant-Machinery-CWP-capitalised-Disallowed-ITAT-Taxscan.jpeg "Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]")