https://www.taxtmi.com/caselaws?id=66668 Expenditure incurred to replace a worn-out projector head of an existing cinema projector was held to be revenue in nature because the replacement merely restored the machinery for continued use in the business and did not create a new asset or enduring capital advantage. The fitting charges for installing the new projector head were also treated as revenue expenditure, as they were incidental to and part of the same repair process. The assessee's claim was therefore upheld on both items, with the expenditure regarded as an allowable business outgoing. en-us Tue, 29 Oct 1985 00:00:00 +0530 Sat, 05 Mar 2011 15:01:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66668 Expenditure incurred to replace a worn-out projector head of an existing cinema projector was held to be revenue in nature because the replacement merely restored the machinery for continued use in the business and did not create a new asset or enduring capital advantage. The fitting charges for installing the new projector head were also treated as revenue expenditure, as they were incidental to and part of the same repair process. The assessee's claim was therefore upheld on both items, with the expenditure regarded as an allowable business outgoing. Case-Laws Income Tax Tue, 29 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66668