https://www.taxtmi.com/caselaws?id=327978 The Tribunal upheld the decision of the ld. CIT(A) to treat expenses on Furniture & Fixtures, Machine Spares, and Repair & Maintenance as revenue in nature. The Tribunal emphasized the specific nature of the activities carried out by the assessee and the enduring benefit of the expenses, particularly highlighting the extreme working conditions that justified treating the expenses as revenue. The departmental appeal was dismissed, affirming the deletion of the addition of these expenses. en-us Wed, 13 Apr 2016 00:00:00 +0530 Tue, 24 May 2016 10:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327978 The Tribunal upheld the decision of the ld. CIT(A) to treat expenses on Furniture & Fixtures, Machine Spares, and Repair & Maintenance as revenue in nature. The Tribunal emphasized the specific nature of the activities carried out by the assessee and the enduring benefit of the expenses, particularly highlighting the extreme working conditions that justified treating the expenses as revenue. The departmental appeal was dismissed, affirming the deletion of the addition of these expenses. Case-Laws Income Tax Wed, 13 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327978