Kerala H.C : The Appellate Tribunal was right in confirming the disallowance of expenses incurred for construction of buildings in leased out lands as capital expenditure

High Court Of Kerala Indus Motor Company Pvt. Ltd. vs. DCIT K. Vinod Chandran & Ashok Menon, JJ. Asst. Year 2007-08, 2008-09, 2009-10 & 2010-11 ITA Nos. 4/2015, 14/2015, 15/2015 & 29/2016 5th December, 2017 Counsel appeared: Joseph Markose (Sr.), V.Abraham Markos, Binu Mathew, Tom Thomas (Kakkuzhiyil), Abraham Joseph Markos, Isaac Thomas, Noby Thomas Cyriac…

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