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Case Law Details

Case Name : DCIT Vs A.M. Builders and Developers (ITAT Bangalore)
Related Assessment Year : 2014-15
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DCIT  Vs A.M. Builders and Developers (ITAT Bangalore)

ITAT Bangalore held that claim of deduction of cost of building is not allowable as there was no mentioning of any value of the building in the schedule of the fixed assets.

Facts- Assessee contested disallowance of indexed cost of improvement of Rs. 26,52,22,757/-.

Facts of the case are the assessee owned a property at Veerasandra village, Attibele Hobli, Anekal Taluk, Bangalore Di

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