https://www.taxtmi.com/caselaws?id=285368 Expenditure on resurfacing hotel approach roads was treated as current repairs rather than capital expenditure because it restored an existing asset to efficient working condition after wear and tear without creating a new asset or involving reconstruction. The fact that the work was substantial and would not recur for some time did not prevent it from qualifying as repair. The assessee was therefore entitled to the relevant allowance in respect of income from the leased hotel premises, and the deduction was allowed. en-us Thu, 09 Dec 1954 00:00:00 +0530 Thu, 09 Jan 2020 10:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285368 Expenditure on resurfacing hotel approach roads was treated as current repairs rather than capital expenditure because it restored an existing asset to efficient working condition after wear and tear without creating a new asset or involving reconstruction. The fact that the work was substantial and would not recur for some time did not prevent it from qualifying as repair. The assessee was therefore entitled to the relevant allowance in respect of income from the leased hotel premises, and the deduction was allowed. Case-Laws Income Tax Thu, 09 Dec 1954 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285368