Taxation Consultant
1823 Points
Posted on 21 December 2018
a. Repairing of Office building / Guest house/ Employees building.: if not capitalised , its available
b. Painting of office building / Guest House/ Employees Building : paint becomes a part of immovable property . hence credit nt allowed
c. Furniture & Fixture used in office purpose. d. Furniture & Fixture used for employee benefit purpose: allowed if they are movable and not attached to immovable property