https://www.taxtmi.com/caselaws?id=117975 The Tribunal upheld the CIT(A)'s decisions on all three issues related to expenditure classification and deduction calculation in the hotel business case. The department's appeal was dismissed as the Tribunal sided with the assessee on categorizing carpet and linen replacement expenses as revenue expenditure and excluding pure encashment from the deduction calculation under section 80HHD. The Tribunal emphasized the functional nature of assets and the lack of profit generation from certain activities, leading to the rejection of the department's arguments. en-us Tue, 24 Aug 2004 00:00:00 +0530 Wed, 27 Jun 2012 16:18:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117975 The Tribunal upheld the CIT(A)'s decisions on all three issues related to expenditure classification and deduction calculation in the hotel business case. The department's appeal was dismissed as the Tribunal sided with the assessee on categorizing carpet and linen replacement expenses as revenue expenditure and excluding pure encashment from the deduction calculation under section 80HHD. The Tribunal emphasized the functional nature of assets and the lack of profit generation from certain activities, leading to the rejection of the department's arguments. Case-Laws Income Tax Tue, 24 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117975