{"id":5983,"date":"2019-06-28T12:30:23","date_gmt":"2019-06-28T12:30:23","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-viswams-2019-414-itr-148-mad-hc-cit-v-rm-k-viswanatha-pillai-and-sons-2019-414-itr-148-mad-hc-cit-v-aremaky-2019-414-itr-148-mad-hc-cit-v-kjah-enterprises-p-ltd\/"},"modified":"2019-10-10T09:45:53","modified_gmt":"2019-10-10T09:45:53","slug":"cit-v-viswams-2019-414-itr-148-mad-hc-cit-v-rm-k-viswanatha-pillai-and-sons-2019-414-itr-148-mad-hc-cit-v-aremaky-2019-414-itr-148-mad-hc-cit-v-kjah-enterprises-p-ltd","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-viswams-2019-414-itr-148-mad-hc-cit-v-rm-k-viswanatha-pillai-and-sons-2019-414-itr-148-mad-hc-cit-v-aremaky-2019-414-itr-148-mad-hc-cit-v-kjah-enterprises-p-ltd\/","title":{"rendered":"CIT  v. Viswams. (2019) 414 ITR 148\/ 179 DTR 25\/ 263 Taxman 497 \/ 310 CTR 228 (Mad.)(HC)  CIT v. RM K. Viswanatha  Pillai and sons (2019) 414 ITR 148 (Mad.)(HC)  CIT v.  Aremaky (2019) 414 ITR 148 (Mad.) (HC)  CIT v. Kjah Enterprises P. Ltd. (2019) 414 ITR 148 (Mad.)(HC)  CIT v. K. Sivakuar (2019) 414 ITR 148 (Mad.)(HC)  CIT  v.  K.V.  Nellaiyappan (2019) 414 ITR 148 (Mad.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the revenue the Court held that, the assessee had incurred substantial expenditure towards renovation leading to enduring benefit. They were not merely repairs. The assessee had also incurred expenditure towards improvement and construction of the building. These could not be termed as &#8220;repairs&#8221;.\u00a0 Accordingly the expenditure incurred by the assessee was capital in nature and came within the mischief of Explanation 1 to section\u00a032(1) of the\u00a0 Act. (AY. 2002-03, 2003 -04)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business Expenditure\u2014Capital or revenue\u2014Repair- Lease  premises-Expenditure on construction and  renovation of premises taken on Lease\u2014Held to be  capital expenditure. [S. 32 (IA)]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5983","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1yv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=5983"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5983\/revisions"}],"predecessor-version":[{"id":7815,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5983\/revisions\/7815"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}