Sheds constructed on lease-hold land - there was no building or ...

Case Laws Income Tax

February 12, 2015

Sheds constructed on lease-hold land - there was no building or any structure in existence on the land in relation to which any renovation or extension or improvement or any similar work was carried out by the assessee - allowed as revenue expenditure - AT

View Source

← Previous Next →

Sheds constructed on lease-hold land - there was no building or ...

Case Laws Income Tax

February 12, 2015

You may also like:

Allowability of Input Tax Credit - construction of shed using pre-fabricated technology - The pre-fabricated movable components joined to make a structure do not...

Levy of GST - activity of disposal of developed plots of land to allottee members - If the applicant sells the land after developing by way of erecting a civil structure...

This case deals with the classification of supply and taxability under GST for the handover of building, civil structures, and railway siding constructed by the...

Input Tax Credit (ITC) - bunds/ crystallizer which are constructed and used in the manufacture of salt and bromine chemicals - bunds/ crystallizer can be said to be...

Refund of the Service Tax - parking charges - The legislature has used the words “land” and “vacant land” in accordance with the context, wherever applicable. When...

Cenvat credit - various input services availed in the captive mines - Regarding Conveyor Extension, shed extending work at Packing Plant and wagon loading, Borewell...

Deduction u/s 54F - Denial of deduction as building was constructed for commercial purposes - It is clear that even before the building was let out on lease, the...

When there is a transfer of capital asset being land together with building and where the land is held for a period of more than 36 months and the building held for less...

Refund claim of input service tax credit - input service or not - Erection, Commissioning & Installation Services - Construction or execution of works contract of a...

The ITAT Visakhapatnam dealt with a revision u/s 263 regarding the treatment of a residential property sale as short-term or long-term capital asset. The dispute...

Movable or Immovable property? - Temporary Structure (i.e. hall or pandal or shamiana or any other place) built up with Iron/Steel Pillars tight up with Nuts and Bolts...

Depreciation on advertising hoarding structures - treated as permanent structures embedded in the building having foundation being erected and constructed by the...

Input tax credit - land filling pit can be considered as ‘Plant and machinery’ or as ‘civil structure’ - In the second explanation given in Section 17, while providing...

Nature of expenditure on construction of building on leasehold land - the lessor does not own the building and the assessee cannot own the same as capital asset since...

Input Tax Credit - Blocked Credits - Air Handling Units etc. (AHU) are sine qua non for a commercial mall and hence cannot he considered separate from the building or...

Quick Updates: