HIGH COURT OF RAJASTHAN

Commissioner of Income-tax

v.

Dr. A.M. Singhvi

P.B. Majmudar and Manak Lall Mohta, JJ.

IT Appeal No. 16 of 2004

August 23, 2007

 

 

 

Section 37(1) of the Income-tax Act 1961 – Business expenditure - Allowability of – Assessment year 1996-97 – Assessee, an advocate, occupied a rented premises for office use – During relevant year, assessee carried out certain repairs and renovations in order to see that office premises was kept in a proper condition and professional activities were carried out effectively and smoothly – Whether since expenditure incurred by assessee was in connection with profession/business and for smooth working thereof, leaving fixed capital untouched, expenditure in question was revenue expenditure and, hence, allowable under section 37(1) – Held, yes

 

FACTS

The assessee was a practicing advocate. He occupied a rented premises as his office. During the assessment year 1996-97, the assessee incurred expenditure on certain repairs and renovations carried out in his office premises used for the profession and claimed same as deduction under section 37(1).  The Assessing Officer treated the said expenditure as capital expenditure and disallowed the same under section 37(1). On appeal, the Commissioner (Appeals) held that the expenditure in question was a revenue expenditure eligible for deduction under section 37(1). On revenue’s appeal, the Tribunal confirmed the order of the Commissioner (Appeals).

On appeal under section 260A:

 

HELD

In the instant case, the assessee, who was lessee of the premises, had carried out certain renovations in order to see that the office premises was kept in a proper condition and the professional activities were carried out effectively and smoothly for which certain repairs were carried out by the assessee in the rented premises. The quantum of expenditure was not relevant for determining the issue in question. On appreciation of evidence both the fact-finding authorities, i.e., Commissioner (Appeals) as well as the Tribunal had found that the expenditure in question was a revenue expenditure. The expenditure incurred by the assessee was not for the purpose of bringing into existence any such asset or advantage but, incurred for running the profession effectively and in smooth manner. It could not be said that the expenditure was incurred for the purpose of acquiring and appreciating capital assets.    (Para 13)

It was not in dispute that the assessee was holding the premises as lessee at the relevant time and he carried out extensive repairs/renovation in the leasehold premises. Further, in order to have reasonable facilities for running his office, the assessee had made certain renovations. Considering the facts of the case, it could not be said that the expenditure in question was of capital in nature. The finding arrived at by the Commissioner (Appeals) as well as by the Tribunal was essentially a finding of fact and the said finding was therefore, not required to be disturbed in the appeal.  (Para 14)

Further it could not be said that the finding arrived at by the Commissioner (Appeals) as well as by the Tribunal was contrary to law. It could not be said that the impugned order of the Tribunal suffered from any infirmity or that the Tribunal had committed any substantial error of law which was required to be corrected by the High Court in the instant appeal which was maintainable only on a substantial question of law. There was no error of law much less any substantial error of law in the impugned order of the Tribunal. The expenditure, which was incurred by the assessee was in connection with the profession/business and for smooth working of the business of the assessee and was incurred with an object to see that the business/profession could be carried out more effectively and more profitably, leaving fixed capital untouched. Therefore, the same was rightly treated as revenue expenditure by the Tribunal as well as by the Commissioner (Appeals).    [Para 15] There was no substance in the appeal and, accordingly, the same was to be dismissed.   [Para 16]