https://www.taxtmi.com/caselaws?id=427345 The Tribunal allowed the appeal filed by the assessee, primarily focusing on treating spare parts replacement expenditure as revenue rather than capital expenditure. The decision was based on distinguishing between maintenance and capital expenses, aligning with previous rulings. Deduction u/s. 80IA was also granted for the same reason. Issues regarding the computation of taxes u/s. 115JC and the levy of interest u/s. 234C were not extensively discussed, suggesting a lack of dispute on these matters in the appeal. en-us Wed, 24 Aug 2022 00:00:00 +0530 Wed, 07 Sep 2022 06:46:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427345 The Tribunal allowed the appeal filed by the assessee, primarily focusing on treating spare parts replacement expenditure as revenue rather than capital expenditure. The decision was based on distinguishing between maintenance and capital expenses, aligning with previous rulings. Deduction u/s. 80IA was also granted for the same reason. Issues regarding the computation of taxes u/s. 115JC and the levy of interest u/s. 234C were not extensively discussed, suggesting a lack of dispute on these matters in the appeal. Case-Laws Income Tax Wed, 24 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427345