Court : Income Tax Appellate Tribunal ITAT Vizag
Reported in : (2003)80TTJVisakha658
1. This batch of appeals preferred by the assessee, is directed against different orders of the CIT(A) for the asst. yrs. 1981-82 to 1986-87.2. The facts of the case in brief are that the assessee is an evangelist and has been carrying on the vocation of preaching Christianity on behalf of the Church of Christ abroad i.e., United States of America and Canada, and has been receiving money from them with an intention for propagation of Christianity in India. The nature of service rendered by the assessee is to execute the instruction of foreign churches in spending the money received from abroad on various activities in India and rendering monthly statements of accounts to the foreign employer. For such service, the assessee has been paid separate remuneration. The assessee was accordingly filing his returns of income in his individual status since the asst. yr. 1972-73 onwards offering his remuneration under the head "Income from salary" and being assessed accordingly for all the years...
Tag this Judgment!Court : Income Tax Appellate Tribunal ITAT Vizag
Reported in : (2004)84TTJVisakha39
1. This appeal is filed by the Revenue against the order of the CIT(A), Vijayawada dated 21-3-97 for the Assessment Year 1995-96. Grounds 1 and 5 of the appeal are of general nature requiring no adjudication. In grounds 2, 3 and 4 quoted below the Revenue has challenged the order of the CIT(A) directing to treat the expenditure of Rs. 2,07,16,498/- as on "current repairs" and allow the deduction under Section 31 of the I.T. Act. "2. The learned CIT(A) is not correct in holding that the replacements made by the assessee in the year of account are current repairs and the expenditure thereon is allowable under Section 31 of the IT Act for the reason that the expression "Current repairs" means expenditure on buildings, machinery plant or furniture which is not for the purpose of renewal or restoration, but which is only for the purpose of preserving or maintaining an already existing asset and which does not bring a new asset into existence or does not give to the assessee a new or differ...
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