Nature of expenditure - current repairs - replacement of decayed parts - The assessee explains that the...

Nature of expenditure - current repairs - replacement of decayed parts - The assessee explains that the replacement was necessary for the manufacturing process, and there is no evidence to suggest that it resulted in a new asset or advantage to the assessee. Therefore, the expenses should be considered as current repairs and allowed u/s 31 - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X