https://www.taxtmi.com/caselaws?id=24665 Expenses on current repairs and maintenance of rented flats provided to employees were treated as allowable business expenditure because the accommodation was connected with the conduct of business and formed part of business assets. Where spending is incurred on grounds of commercial expediency to facilitate business operations, it may qualify as wholly and exclusively for business purposes. The repair cost was therefore regarded as revenue in nature and deductible in computing business income. en-us Mon, 18 Jul 1988 00:00:00 +0530 Thu, 21 Jan 2010 15:45:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24665 Expenses on current repairs and maintenance of rented flats provided to employees were treated as allowable business expenditure because the accommodation was connected with the conduct of business and formed part of business assets. Where spending is incurred on grounds of commercial expediency to facilitate business operations, it may qualify as wholly and exclusively for business purposes. The repair cost was therefore regarded as revenue in nature and deductible in computing business income. Case-Laws Income Tax Mon, 18 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24665