https://www.taxtmi.com/caselaws?id=173986 Current repairs under the Indian Income-tax Act are confined to petty, periodic restorative work, not substantial replacement or renewal of a sizeable part of machinery. On the stated facts, replacement of a substantial part of the flour mill cables was treated as capital-like replacement and not allowable as current repairs. Boarding and lodging expenses of partners, even when incurred during business tours, remain personal in nature unless shown to be wholly and exclusively for business; such expenses were therefore not deductible. The disputed outgoings were held inadmissible deductions, and the reference was answered for the Revenue. en-us Tue, 05 Dec 1950 00:00:00 +0530 Fri, 25 Sep 2015 18:46:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173986 Current repairs under the Indian Income-tax Act are confined to petty, periodic restorative work, not substantial replacement or renewal of a sizeable part of machinery. On the stated facts, replacement of a substantial part of the flour mill cables was treated as capital-like replacement and not allowable as current repairs. Boarding and lodging expenses of partners, even when incurred during business tours, remain personal in nature unless shown to be wholly and exclusively for business; such expenses were therefore not deductible. The disputed outgoings were held inadmissible deductions, and the reference was answered for the Revenue. Case-Laws Income Tax Tue, 05 Dec 1950 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173986