https://www.taxtmi.com/caselaws?id=389262 The Tribunal partially allowed the appeal, instructing the Assessing Officer to verify and grant appropriate relief regarding the classification of renovation expenses and the alternative claim of bad debt as revenue expenditure. The Tribunal emphasized that the expenses were incurred for the tenanted premises and directed the Assessing Officer to provide the assessee with an opportunity to substantiate their claims before making a final decision. en-us Fri, 15 Nov 2019 00:00:00 +0530 Wed, 04 Dec 2019 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389262 The Tribunal partially allowed the appeal, instructing the Assessing Officer to verify and grant appropriate relief regarding the classification of renovation expenses and the alternative claim of bad debt as revenue expenditure. The Tribunal emphasized that the expenses were incurred for the tenanted premises and directed the Assessing Officer to provide the assessee with an opportunity to substantiate their claims before making a final decision. Case-Laws Income Tax Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389262