2017 (8) TMI 609

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....ioner and Mrs.Hema Muralikrishnan, learned standing counsel for the respondent/Department. 2. The petitioner has filed the writ petition challenging the proceedings of the respondent dated 23.05.2017, by which the respondent held that expenses towards the issue of improvement in leasehold premises to the tune of Rs. 2,75,29,667/- for the assessment year 2009-2010 is treated as capital in nature a....

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.... the Tribunal for assessment year 2008-09, issue regarding claim of expenditure on improvement of leasehold asset requires a fresh look by the Id.Assessing Officer. We give similar directions as given for assessment year 2008-09. Appeal of the assessee is treated as allowed for statistical purpose." 4. Pursuant to the above order, the appropriate procedure that should have been followed by the re....