TMI BlogDebate Over Repair Costs: Revenue or Capital Expenditure? Case Sent Back to Assessing Officer for Review.Disallowance of repairs and maintenance expenses - revenue v/s capital expenditure - It is evident that there is an apparent contradiction between the stand taken by the assessee before the AO on one hand and the ld. CIT(A) on the other. - matter remanded back to AO - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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