https://www.taxtmi.com/caselaws?id=217500 For assessment year 2004-05, the ITAT dismissed the Revenue's appeal against the CIT(A) decision to allow repair and maintenance expenses as revenue expenditure instead of capital expenditure for a hospital building. The ITAT upheld the CIT(A)'s reasoning that the repairs were essential for patient care and hygiene. Similarly, for assessment year 2007-08, the ITAT upheld the CIT(A)'s decision to disallow the disallowance of repair and maintenance expenses, rejecting the Revenue's argument regarding the proportion of expenditure to asset value and nature of expenses. en-us Fri, 05 Oct 2012 00:00:00 +0530 Tue, 16 Oct 2012 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217500 For assessment year 2004-05, the ITAT dismissed the Revenue's appeal against the CIT(A) decision to allow repair and maintenance expenses as revenue expenditure instead of capital expenditure for a hospital building. The ITAT upheld the CIT(A)'s reasoning that the repairs were essential for patient care and hygiene. Similarly, for assessment year 2007-08, the ITAT upheld the CIT(A)'s decision to disallow the disallowance of repair and maintenance expenses, rejecting the Revenue's argument regarding the proportion of expenditure to asset value and nature of expenses. Case-Laws Income Tax Fri, 05 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217500