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Case Law Details

Case Name : Nuziveedu Swathi Coastal Consortium Vs ACIT (ITAT Hyderabad)
Related Assessment Year : 2013-14
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Nuziveedu Swathi Coastal Consortium Vs ACIT (ITAT Hyderabad)

Tunnel Project Infrastructure Is Revenue Expenditure — ITAT Hyderabad Allows Full Deduction

The Hyderabad Bench of the ITAT allowed the assessee’s appeals for AYs 2013-14 to 2015-16, 2017-18 & 2018-19, holding that expenditure incurred on temporary railway tracks, rollers & structures, conveyor belts, and ventilation ducting us

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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