https://www.taxtmi.com/caselaws?id=236459 The Tribunal partially allowed the appeal, upholding the disallowance of expenditure on premises repairs as capital expenditure due to enduring benefits, while allowing the expenditure on air conditioner repairs as revenue expenditure since it did not result in a new asset. The decision was rendered on 5th July 2013. en-us Fri, 05 Jul 2013 00:00:00 +0530 Sat, 26 Mar 2016 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236459 The Tribunal partially allowed the appeal, upholding the disallowance of expenditure on premises repairs as capital expenditure due to enduring benefits, while allowing the expenditure on air conditioner repairs as revenue expenditure since it did not result in a new asset. The decision was rendered on 5th July 2013. Case-Laws Income Tax Fri, 05 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236459