1984 (11) TMI 136

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ave held to be capital expenditure. The ld. CIT (A) has in a very long and labored order held that it is capital expenditure because the cable line from the transformers to the assessee's premises belonged to the Rajasthan State Electricity Board and not to the assessee. 2. We have carefully read the order of the CIT (A) and have heard the ld. counsel for the assessee and the Departmental Repres .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o depreciation thereon. 3. The next ground pertains to the disallowance of Rs. 6,678 out of expenses on complimentary passes. The ITO allowed Rs. 5,000 out of Rs. 11,678 treating the expenditure as entertainment expenditure. In our opinion, even this conclusion which has been confirmed by the CIT (A) is erroneous. The expenditure on giving complimentary passes to certain authorities and also to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X