JAYA HIND INDUSTRIES LIMITED,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 9,, PUNE
In the result, the appeal filed by the assessee stands allowed
ITA 2149/PUN/2017[2010-11]Status: DisposedITAT Pune04 Jan 2021AY 2010-11
For Appellant: Shri Mukesh PatelFor Respondent: Shri Sudhendu Das
Section 143(2)Section 143(3)Section 31
disallowed the claim treated the same as capital expenditure.
3. Being aggrieved by the above addition, an appeal was preferred before the ld. CIT(A), who vide his impugned order confirmed the action of the Assessing Officer by holding that it is a case of substitution of old asset by new asset and the expenditure did not fall within
