ITAT Delhi Allows Dunnage Expense as Revenue Expenditure, Not Capital

Central Warehousing Corporation Vs ACIT (ITAT Delhi)

The appeal before the Income Tax Appellate Tribunal (ITAT) Delhi was filed by Central Warehousing Corporation against the order passed by the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre (NFAC), dated 10 February 2024, concerning Assessment Year 2016–17. The dispute related to the treatment of ₹1,11,93,565 spent on dunnage as capital expenditure instead of revenue expenditure. The assessee, engaged in warehousing and related activities, had filed its return declaring income of ₹1,90,85,26,44

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