another premises and the asset in question is nothing but furniture, fixture and
fittings which becomes obsolete when assessee changes office premises. The nature ... note that during the year under consideration, the assessee has shifted its office
from the existing leased premises and consequently the furniture, fixture and fittings
major policies are framed at the central level.
Further it may be noted that the operating model of all the stores is
same ... spent towards the acquisition of various capital assets like
machinery, furniture & fixtures etc. Apart from this, various
operational & maintenance expenses have also been
quarterly licence fee. The said premises along with fixtures and
fittings were licensed to the party for a period of three years commencing from ... organized manner, so as to
constitute carrying on of business. Another point noted by the Tribunal in
assessee's case was that the Director
J.P. Morgan Services India P. Ltd, ... vs Assessee on 30 October, 2015
आयकर अपील
reasons recorded", she submitted that the
Assessing Officer has taken note of the fact that assessee has
received unsecured loan ... being reiterated. The assessee company owns a premise (building)
along with furnitures fixtures, equipments and plants. Said
building along with its fixtures and furnitures
Edwise Consultants P.Ltd, Mumbai vs Assessee on 14 October, 2015
आयकर अपीऱीय अधिकरण, मुंबई
Godavari Sugar Mills Ltd, Mumbai vs Assessee on 21 October, 2015
IN THE INCOME TAX
adverting to the opening WDV of the block of assets 'Furniture, fixture and
electrical fittings', which is stated ... facts describing the issue, leading to the recall of the order, stand noted at paras 2, 3, 7 &
8 of this order. Expenditure
