https://www.taxtmi.com/caselaws?id=275278 The High Court upheld the ITAT's decision regarding the revenue nature of the expenditure claimed for repairs and maintenance in a hotel property. The Court emphasized the challenge in distinguishing between capital and revenue expenditure based on descriptions and endorsed the ITAT's analysis of relevant case law and factual circumstances. The Court dismissed the appeals, stating that the Lower Appellate Authorities' consistent decisions did not warrant interference, and no legal question arose in the case. en-us Fri, 22 Dec 2017 00:00:00 +0530 Wed, 26 Sep 2018 09:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275278 The High Court upheld the ITAT's decision regarding the revenue nature of the expenditure claimed for repairs and maintenance in a hotel property. The Court emphasized the challenge in distinguishing between capital and revenue expenditure based on descriptions and endorsed the ITAT's analysis of relevant case law and factual circumstances. The Court dismissed the appeals, stating that the Lower Appellate Authorities' consistent decisions did not warrant interference, and no legal question arose in the case. Case-Laws Income Tax Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275278