2025 (7) TMI 753

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.... PER DR. B.R.R. KUMAR, VICE-PRESIDENT:- This appeal is filed by the Assessee against the appellate order dated 13.01.2025 passed by the Commissioner of Income Tax (Appeals)/ National Faceless Appeal Centre (NFAC), Delhi, relating to the Assessment Year 2014-15. 2. The assessee has raised the following grounds of appeals: 1. On the facts and circumstances of the case as well as law on the subj....

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....ting aside for verification instead of deleting the addition 11,28,478/- u/s 56(vii)(b) of the Act. 5. On the facts and circumstances of the case as well as law on the subject, the learned CIT (Appeals) has erred in setting aside for verification instead of deleting the disallowance of Rs. 16,19,000/- u/s 40(a)(ia) of the Act. Disallowance of Capital Expenses claimed as Revenue Expenses: Rs. 54....

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....h NABL for accreditation of his Laboratory, which can be considered as a highest accreditation for his nature of business and hence was required to renovate the building as per the requirements for accreditation with NABL and other institutions. Since, the assessee has refurnished office/laboratory building for Head Office, Bhuj. Gandhinagar und Nadiad offices as per requirements, we have debited ....

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.... scale having long lasting effect. Due to such refurbishment on substantive scale, the assessee will get enduring benefits over the years. Hence, the Assessing Officer held that the expenses incurred towards refurbishment of office/laboratory building and furniture & fixtures are certainly capital expenditure and not revenue expenditure as claimed by the assessed thus claim of revenue expenditure ....