https://www.taxtmi.com/caselaws?id=120379 The Tribunal dismissed the revenue's appeal, affirming that the repair expenses incurred by the assessee for business premises were revenue expenditure and not capital in nature. Therefore, the repair expenses were held to be allowable under section 37 of the Income-tax Act. en-us Tue, 07 Oct 2008 00:00:00 +0530 Wed, 18 Jul 2012 18:49:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120379 The Tribunal dismissed the revenue's appeal, affirming that the repair expenses incurred by the assessee for business premises were revenue expenditure and not capital in nature. Therefore, the repair expenses were held to be allowable under section 37 of the Income-tax Act. Case-Laws Income Tax Tue, 07 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120379