https://www.taxtmi.com/caselaws?id=19639 Expenditure on theatre improvements was treated as revenue in character because the decorative, furniture, electrical and sanitary works were found to be non-permanent, alterable with tastes and fashions, and not to confer any enduring advantage; on those factual findings, no referable question of law arose. The allowance of investment allowance and extra-shift allowance on a generator was also upheld because the Tribunal applied Circular No. 1454, which clarified that generators were not covered by the electrical machinery entry in the Income-tax Rules, 1962 and were eligible for extra-shift allowance; again, no referable question of law arose. The reference application therefore failed. en-us Mon, 18 Jul 1994 00:00:00 +0530 Sat, 07 Nov 2009 16:07:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19639 Expenditure on theatre improvements was treated as revenue in character because the decorative, furniture, electrical and sanitary works were found to be non-permanent, alterable with tastes and fashions, and not to confer any enduring advantage; on those factual findings, no referable question of law arose. The allowance of investment allowance and extra-shift allowance on a generator was also upheld because the Tribunal applied Circular No. 1454, which clarified that generators were not covered by the electrical machinery entry in the Income-tax Rules, 1962 and were eligible for extra-shift allowance; again, no referable question of law arose. The reference application therefore failed. Case-Laws Income Tax Mon, 18 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19639