2015 (4) TMI 1149

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ve Kumar   ORDER PER B.R. BASKARAN (AM) The solitary issue urged in the appeal filed by the assessee is whether the Ld CIT(A) was justified in upholding the addition of Repairs and maintenance expenses of Rs. 19,12,723/- by treating the same as Capital expenditure. 2. We heard the parties and perused the record. The Ld A.R invited our attention to page no.6 of the paper book ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....2008 7 Work of Terrace water proofing 3041.56 sq ft. 387,546     24/05/2008 5 Tiles Flooring, Polishing, Structure with Concrete, Bricks Masonary Plaster, replacement of Sintex Tank of Canteen Terrace etc. 105,595     15/09/2008 14 Polishing stair case, masosary, Cota Flooring, white wash, painting etc 139,760     ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....0,086     20/06/2008 10 Partitions, welding 110,348 348,667 III     Factory Building (Unit-V) at Chinchpada, Vasai (E)(28328.20 Sq ft) Plot No. 9, 10, 16 & 17, Chinchpada, Village - Gokhiware, Taluka - Vasai, Dist. - Thane (Yr 2004-05)       04/09/2008 13 Demolishing, concrete finish, tiles flooring, white was....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....   3. A perusal of the above said expenditure would show that there is merit in the submissions of the assessee. Though the Ld D.R strongly defended the order of Ld CIT(A), yet we are convinced that the assessee has incurred the impugned expenses on repair and maintenance of the existing building by replacing flooring and carrying out other works. Accordingly, we are of the view that the....