CIT-A Upholds Disallowance of Capital Expenditure Write-Off for Abandoned Project; Revenue Authorities Did Not Challenge.

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....Disallowance of Capital Expenditure written off - CIT-A had given a categorical finding that Capital expenditure incurred by the assessee was not doubted by the ld AO, said expenditure was incurred for the purpose of extension of project was not doubted by the ld AO and said extension project has been given up by the assessee and hence the asset generated thereon is not in use. These factual observations were not controverted by the revenue before us. - Order of CIT(A) confirmed - AT....