DISALLOWANCE OF EXP

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 September 2010 In my Income Tax Return I claimed expenditure incurred of repairs and renovations of my business premises. The department disallowed my claim. Is the order of the department justified?

CA Sanat Pyne

CA Sanat Pyne (Expert)
Follow

24 September 2010 The provision of Section 30 (a) (ii) the Income-tax Act, 1961 require that for the amount to be allowed as a deduction the same must be spend for the purposes of carrying on current repairs . If the deduction sought by you comes with the definition of current repairs you will be entitled to claim deduction otherwise the department would be justified in disallowing the same.