https://www.taxtmi.com/caselaws?id=332593 The Appellate Tribunal partially allowed the appeal, confirming the disallowance of legal and professional expenses related to shares buyback and upholding the treatment of repair and maintenance expenses as capital expenditure. The Tribunal directed the Assessing Officer to allow depreciation on the capital expenditure for building upkeep and maintenance after providing a hearing to the assessee. en-us Tue, 16 Aug 2016 00:00:00 +0530 Tue, 06 Feb 2018 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332593 The Appellate Tribunal partially allowed the appeal, confirming the disallowance of legal and professional expenses related to shares buyback and upholding the treatment of repair and maintenance expenses as capital expenditure. The Tribunal directed the Assessing Officer to allow depreciation on the capital expenditure for building upkeep and maintenance after providing a hearing to the assessee. Case-Laws Income Tax Tue, 16 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332593