https://www.taxtmi.com/highlights?id=41637 Nature of expenditure - substantial amount incurred at fag end of the year - The assessee has been unable to prove that this particular expenditure will not give benefit to the company for a long period. Thus the amount cannot be categorized as a revenue expenditure under the head repair and maintenance and the same needs to be capitalized en-us Tue, 25 Sep 2018 18:24:46 +0530 Tue, 25 Sep 2018 18:24:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=41637 Nature of expenditure - substantial amount incurred at fag end of the year - The assessee has been unable to prove that this particular expenditure will not give benefit to the company for a long period. Thus the amount cannot be categorized as a revenue expenditure under the head repair and maintenance and the same needs to be capitalized Highlights Income Tax Tue, 25 Sep 2018 18:24:46 +0530 https://www.taxtmi.com/highlights?id=41637