https://www.taxtmi.com/caselaws?id=180897 The appeal involved confirming the addition by the Assessing Officer to capitalize expenditure of Rs. 5,81,435. The Assessing Officer disallowed the amount as capital expenditure due to significant spending on materials indicating new construction rather than repairs. The CIT (A) initially deleted the addition but upon re-evaluation upheld the Assessing Officer's decision. The ITAT concurred with the CIT (A), emphasizing that expenditure creating a new asset is capital in nature. The appeal was dismissed, affirming the addition made by the Assessing Officer. en-us Wed, 09 Nov 2011 00:00:00 +0530 Mon, 04 Apr 2016 13:02:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180897 The appeal involved confirming the addition by the Assessing Officer to capitalize expenditure of Rs. 5,81,435. The Assessing Officer disallowed the amount as capital expenditure due to significant spending on materials indicating new construction rather than repairs. The CIT (A) initially deleted the addition but upon re-evaluation upheld the Assessing Officer's decision. The ITAT concurred with the CIT (A), emphasizing that expenditure creating a new asset is capital in nature. The appeal was dismissed, affirming the addition made by the Assessing Officer. Case-Laws Income Tax Wed, 09 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180897