https://www.taxtmi.com/highlights?id=22992 Revenue expenditure or capital expenditure - mere increase in the room size due to inclusion of balcony area would not result in creation of any new asset or increased profit yielding capacity so as to render the expenditure capital in nature. - AT en-us Tue, 19 May 2015 00:47:24 +0530 Tue, 19 May 2015 00:47:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22992 Revenue expenditure or capital expenditure - mere increase in the room size due to inclusion of balcony area would not result in creation of any new asset or increased profit yielding capacity so as to render the expenditure capital in nature. - AT Highlights Income Tax Tue, 19 May 2015 00:47:24 +0530 https://www.taxtmi.com/highlights?id=22992