building to carry on the business
properly, without making any structural changes, moreover,
the appellant company was not the owner of the said property ... appellant company was not
allowed to carry on any major structural changes in the said
property.
2.2 That the learned Commissioner of Income Tax (Appeals
take inspection. Opponent submitted that complainants have
carried out major structural changes in their flats after taking possession of
the flats and amalgamated both ... Municipal Corporation. They
submitted that at that time complainants have made structural changes and
removed internal load bearing wall. They submitted that because of this
adjustment to the actual cost took place on the happening of change in
the rate of exchange whereas under the amended section 43A
adjustment ... carrying amount of the fixed asset. This indicates a
complete structural change brought about in section 43A , vide the
Finance Act, 2002 . Therefore, the amended
adjustment to the actual cost took place on the happening of change in the
rate of exchange whereas under the amended section 43A the adjustment ... carrying amount of the fixed asset. This indicates a complete
structural change brought about in section 43A vide Finance Act, 2002 . Therefore, the
amended section
(03/2012) Maharashtra State Power ... vs Mahanadi Coalfields Ltd. & Other, ... on 24 March, 2017
make any
alterations in the structure or addition to the structure of the
building or construct any additional structure without the previous
consent ... complainant was taken.
Therefore, the act of the Op in making structural changes in the
layout plan amounts to deficiency in service.
13. The next
adjustment to the actual cost took place on the happening of change in the
rate of exchange whereas under the amended section 43A the adjustment ... carrying amount of the fixed asset. This indicates a complete
structural change brought about in section 43A vide Finance Act, 2002 . Therefore, the
amended section
incurred a sum of Rs.12 lakhs for
making minor structural changes to the building. The three storied
building was modified into 5 independent divisions
adjustment to the actual cost took place on the happening of
change in the rate of exchange whereas under the amended
section 43A the adjustment ... carrying amount of the fixed asset. This indicates a complete
structural change brought about in sec. 43Avide Finance Act
2002. Therefore, the amended section
renovate the existing structure and is not in the
nature of creation of a capital asset. No structural changes is shown to
have been made
