https://www.taxtmi.com/caselaws?id=12364 The dominant issue was whether expenditure incurred on refurbishing the old wing of a hotel by purchasing items such as carpets, mattresses, folding tables and lamp shades was "capital expenditure" excluded from deduction under s. 37(1) of the Income-tax Act. The HC held that s. 37(1) excludes only expenditure "in the nature of" capital expenditure, requiring fact-specific assessment, and that such items, procured to accommodate guests for an international conference, were not durable nor of an enduring benefit; they were akin to beautification expenses held revenue in precedent. Treating the character of the expenditure as a pure finding of fact, the HC declined to interfere and returned the reference without answering the question. en-us Mon, 22 Apr 2002 00:00:00 +0530 Fri, 09 Jan 2026 17:03:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12364 The dominant issue was whether expenditure incurred on refurbishing the old wing of a hotel by purchasing items such as carpets, mattresses, folding tables and lamp shades was "capital expenditure" excluded from deduction under s. 37(1) of the Income-tax Act. The HC held that s. 37(1) excludes only expenditure "in the nature of" capital expenditure, requiring fact-specific assessment, and that such items, procured to accommodate guests for an international conference, were not durable nor of an enduring benefit; they were akin to beautification expenses held revenue in precedent. Treating the character of the expenditure as a pure finding of fact, the HC declined to interfere and returned the reference without answering the question. Case-Laws Income Tax Mon, 22 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12364