Held, that the facts were identical with the assessee’s own case for the assessment years 2013-14 and 2015-16. As the assessee had not provided any details in respect of the expenditure incurred towards layout of the plant and why it was necessary to be incurred, the assessee was directed to file all relevant details in support of the claim, which would be verified by the Assessing Officer. (AY. 2016-17)
Toyota Boshoku Automotive India Pvt. Ltd. v. ACIT (2022) 98 ITR 363 (Bang) (Trib)
S. 32 : Depreciation-Capital or revenue-Setting up of plant-Facts identical to assessee’s earlier own case-Details of expenditure to be furnished for verification. [S. 37(1)]