THE COMMISSIONER OF INCOME TAX vs. M/S WIPRO LTD
In the result, the appeals are partly allowed
ITA/133/2007HC Karnataka23 Aug 2013
Bench: B.MANOHAR,DILIP B.BHOSALE
Section 260
156/- spent on
modification
of
building,
a
sum
of
Rs.3,60,694/- spent on corporate office repairs
and Rs.21,485/-spent on purchase of paintings
is a revenue expenditure and no depreciation is
allowable over the same contrary to the
judgment of the Apex Court in 49 ITR 160?
A-6. Whether the Tribunal was correct in
holding that