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<h1>Deductibility of Repair Expenses for Rented Premises Upheld as Business Expense</h1> The High Court of Calcutta held that expenses for repairing premises rented by the assessee for its employees were deductible as business expenses. The ... Business Expenditure The High Court of Calcutta ruled that expenses on repairs of premises taken on rent by the assessee for its employees were a permissible deduction as they were considered business expenses. The Tribunal upheld the decision, stating that the repairs were made for the purpose of the business and were incurred in the interest of business. The court answered the question in favor of the assessee with no order as to costs.