1981 (4) TMI 171

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....Revenue and the cross objection is by the assessee. 2. In the appeal, the revenue has questioned the CIT (A) in holding that M/s. Sematti trust is a valid trust and that the trustees of the assessee are representative assessee within the meaning of s. 160(1)(iv) of the IT Act. It is also urged that the CIT (A) erred in holding that the levy of tax on the assessee's income should be in accordance ....

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....debit under repairs and maintenance is Rs. 51,025. He held that the expenditure includes the value of two show cases which were newly constructed, that these are fresh items of assets that have come into existence and, therefore, represented capital expenditure. He estimated a sum of Rs. 30,000 out of the total expenditure of Rs. 51,025 as capital expenditure. He also allowed depreciation on such ....

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....already existing in the rented premises had to be re-aligned and re-modelled to be in conformity with the show cases that were newly put up in the extension. The expenditure of Rs. 51,025 considered by the ITO included this re-modelling. It also included painting of the walls. The painting expenditure incurred by the assessee was Rs. 14,150 and the carpentry was Rs. 28,175 for the remodelling. The....