https://www.taxtmi.com/caselaws?id=330979 The Tribunal allowed the appellant's appeal, overturning the disallowance of repair expenses for both the building and plant and machinery. The repairs were deemed necessary for regular maintenance and did not result in enduring benefits or capacity increase. Relying on legal precedents, the Tribunal concluded that the expenses should be treated as revenue expenditure rather than capital expenditure. en-us Wed, 29 Jun 2016 00:00:00 +0530 Tue, 09 Aug 2016 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330979 The Tribunal allowed the appellant's appeal, overturning the disallowance of repair expenses for both the building and plant and machinery. The repairs were deemed necessary for regular maintenance and did not result in enduring benefits or capacity increase. Relying on legal precedents, the Tribunal concluded that the expenses should be treated as revenue expenditure rather than capital expenditure. Case-Laws Income Tax Wed, 29 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330979