https://www.taxtmi.com/caselaws?id=7212 Expenditure-tax liability turned on the true character and incidence of the spending. Installation of an air-conditioning plant in a newly built house was treated as expenditure connected with construction or improvement of immovable property and not as a mere household article, so it fell within the exemption under section 5(e). Amounts debited to a Hindu undivided family account for a Kashmir trip and for members' personal expenses were not includible under section 4(i) where they were in substance borne by individual members from separate funds; lawful apportionment of expenditure to reduce tax was not impermissible. en-us Fri, 20 Oct 1967 00:00:00 +0530 Thu, 12 Feb 2009 19:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7212 Expenditure-tax liability turned on the true character and incidence of the spending. Installation of an air-conditioning plant in a newly built house was treated as expenditure connected with construction or improvement of immovable property and not as a mere household article, so it fell within the exemption under section 5(e). Amounts debited to a Hindu undivided family account for a Kashmir trip and for members' personal expenses were not includible under section 4(i) where they were in substance borne by individual members from separate funds; lawful apportionment of expenditure to reduce tax was not impermissible. Case-Laws Income Tax Fri, 20 Oct 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7212