https://www.taxtmi.com/caselaws?id=23741 Expenditure on carpets and screens used in cinema theatres was treated as revenue in nature and therefore allowable, following the court's earlier view in the assessee's own case. Depreciation at 15% on partition works and false ceilings was also allowed, the issue having already been concluded on the same basis for an earlier assessment year. The provision made for gratuity payable to employees was deductible, consistent with the court's earlier ruling later affirmed by the Supreme Court. All referred questions were answered in favour of the assessee, with no costs awarded. en-us Thu, 29 Jan 1987 00:00:00 +0530 Fri, 25 Dec 2009 16:56:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23741 Expenditure on carpets and screens used in cinema theatres was treated as revenue in nature and therefore allowable, following the court's earlier view in the assessee's own case. Depreciation at 15% on partition works and false ceilings was also allowed, the issue having already been concluded on the same basis for an earlier assessment year. The provision made for gratuity payable to employees was deductible, consistent with the court's earlier ruling later affirmed by the Supreme Court. All referred questions were answered in favour of the assessee, with no costs awarded. Case-Laws Income Tax Thu, 29 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23741