https://www.taxtmi.com/caselaws?id=236474 The court held that the expenditure of Rs. 12,72,564/- for laying/fixing marble flooring did not qualify as "current repairs" under Section 30(a)(ii) of the Income Tax Act, 1961. It was deemed capital in nature as it provided a distinct and enduring benefit by enhancing the appearance and ambience of the factory/office. The court affirmed the decision that the expenditure was not for maintaining or preserving the building but for making significant improvements, thus dismissing the appeal in favor of the Revenue. en-us Thu, 22 Aug 2013 00:00:00 +0530 Sat, 21 Feb 2015 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236474 The court held that the expenditure of Rs. 12,72,564/- for laying/fixing marble flooring did not qualify as "current repairs" under Section 30(a)(ii) of the Income Tax Act, 1961. It was deemed capital in nature as it provided a distinct and enduring benefit by enhancing the appearance and ambience of the factory/office. The court affirmed the decision that the expenditure was not for maintaining or preserving the building but for making significant improvements, thus dismissing the appeal in favor of the Revenue. Case-Laws Income Tax Thu, 22 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236474