https://www.taxtmi.com/caselaws?id=64213 The Tribunal dismissed the assessee's appeals, affirming that renovation and refurbishment expenses were capital expenditures, disallowing them as revenue expenditures. Professional fees paid to GEL were similarly classified. Claims for deductions under sections 80HHD and 80-I were rejected, as the income did not qualify. The Tribunal upheld the treatment of short deposits in favor of the assessee, following precedent. en-us Fri, 28 Apr 2006 00:00:00 +0530 Mon, 26 Feb 2024 19:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64213 The Tribunal dismissed the assessee's appeals, affirming that renovation and refurbishment expenses were capital expenditures, disallowing them as revenue expenditures. Professional fees paid to GEL were similarly classified. Claims for deductions under sections 80HHD and 80-I were rejected, as the income did not qualify. The Tribunal upheld the treatment of short deposits in favor of the assessee, following precedent. Case-Laws Income Tax Fri, 28 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64213