Tribunal held that considering the nature of business of the assessee, the expenses incurred on electrical repairs and maintenance were in nature of consumable expenses are revenue in nature. The Assessing Officer had not pointed out which capital had been generated by the assessee for purchasing tube rods and electrical wires. Fabrication charges is held to be allowable as deduction . (AY.2012-13 )
ITO v. Jaidka Woolen and Hosiery Mills P. Ltd. (2018) 68 ITR 216 (Delhi) (Trib)
S.37(1):Business expenditure –Capital or revenue – Expenses on electric repairs and maintenance — consumable expenses —Fabrication charges -Revenue in nature