https://www.taxtmi.com/caselaws?id=368895 The Court upheld the deletion/partial restriction of tools & tackles expenses addition after considering detailed submissions and lack of concrete evidence supporting capital expenditure. The Court confirmed the addition of Rs. 4,39,661 while deleting the remaining disallowed amount, dismissing the Revenue's appeal. The appellant provided usage explanations for various tools and argued for their specific utility in construction works, but the Court found no substantial evidence to classify the expenses as capital expenditure. The Court's decision was based on the lack of proof and missing purchase vouchers, ultimately leading to the dismissal of the Revenue's appeal. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 16 Oct 2018 09:50:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368895 The Court upheld the deletion/partial restriction of tools & tackles expenses addition after considering detailed submissions and lack of concrete evidence supporting capital expenditure. The Court confirmed the addition of Rs. 4,39,661 while deleting the remaining disallowed amount, dismissing the Revenue's appeal. The appellant provided usage explanations for various tools and argued for their specific utility in construction works, but the Court found no substantial evidence to classify the expenses as capital expenditure. The Court's decision was based on the lack of proof and missing purchase vouchers, ultimately leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368895