https://www.taxtmi.com/caselaws?id=66649 The Tribunal disallowed Rs. 24,000 claimed as repairs and maintenance expenses by the assessee, classifying it as capital expenditure. The Tribunal emphasized the lease agreement terms requiring lessors to bear repair expenses exceeding Rs. 200, thus denying the reimbursement claim. The Tribunal held that the disallowed amount should be added to the assessee's total income for the assessment year 1982-83, overturning the Appellate Assistant Commissioner's decision. The appeal was allowed, underscoring the significance of lease agreement terms and the Tribunal's jurisdictional boundaries. en-us Fri, 27 Feb 1987 00:00:00 +0530 Sat, 05 Mar 2011 13:37:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66649 The Tribunal disallowed Rs. 24,000 claimed as repairs and maintenance expenses by the assessee, classifying it as capital expenditure. The Tribunal emphasized the lease agreement terms requiring lessors to bear repair expenses exceeding Rs. 200, thus denying the reimbursement claim. The Tribunal held that the disallowed amount should be added to the assessee's total income for the assessment year 1982-83, overturning the Appellate Assistant Commissioner's decision. The appeal was allowed, underscoring the significance of lease agreement terms and the Tribunal's jurisdictional boundaries. Case-Laws Income Tax Fri, 27 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66649