IN THE HIGH COURT OF DELHI AT NEW DELHI
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ITA 1165/2011
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CIT ..... Appellant
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Through Mr. Sanjeev Sabharwal, Adv.
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versus
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IFFCO TOKIO GENERAL INSURANCE CO LTD..... Respondent
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Through
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CORAM:
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HON'BLE MR. JUSTICE SANJIV KHANNA
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HON'BLE MR. JUSTICE R.V.EASWAR
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O R D E R
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21.10.2011
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Whether a particular expense is a capital expense or a revenue
expense normally is a mixed question of law and facts. However, we are
not inclined to issue notice in this appeal under Section 260A of the
Income Tax Act, 1961 (Act, for short) because the Assessing Officer in
his order dated 30th September, 2008 passed under Section 143(3) read
with Section 147 of the Act has not dealt with the factual background of
the case at all. The discussion in the order reads as under:-
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?2. During the course of assessment proceedings, it is observed
that deduction of Rs.1,24,39,896/- (by way of information and technology
expenses) on account of computerization expenses were allowed as revenue
expenditure whereas computerization expenses give an advantage of
enduring benefit to the assessee. The assessee was, therefore, asked to
explain why it should not be added back. The assessee?s representative
attended and submitted as below:-
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?The IT expenses of Rs.1,24,39,896/- have been incurred at head office as
also at various branches. ? Nature of expenses are as under:-
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. Call Centre charges
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. Software Maintenance
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. Post Warranty Maintenance
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. DR Sit Prof charges
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. Lease line
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. Licence Fee Fire Wall
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. Access Control
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. MS Office licence.
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All the expenses incurred are of revenue nature which have
correctly been debited to IT expenses and examined during the assessment
proceedings u/s 143(3) by the then Assessing Authority.?
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The assessee?s argument is not acceptable the information and
technology expenses are of capital nature. Accordingly, the sum of
Rs.1,24,39,896/- is disallowed and added to the total income.?
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In the said factual background, we do not see any reason to
interfere with the findings recorded by the CIT (Appeals) which have been
affirmed by the ITAT as the Assessing Officer did not make any base or
foundation in his order. The appeal is accordingly dismissed.
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SANJIV KHANNA, J.
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R.V.EASWAR, J.
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OCTOBER 21, 2011
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NA
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