https://www.taxtmi.com/caselaws?id=26770 Expenditure incurred to comply with a regulatory direction for the running of a cinema business may be revenue in nature where it is a necessary business outlay and does not bring into existence an enduring asset. On that basis, the cost of replacing urinals, carried out under the District Magistrate's directions, was treated as allowable revenue expenditure. By contrast, expenditure on the boundary wall was regarded on facts as new construction rather than repair, and the additional sum treated as capital expenditure was not open to interference. The result was that only the urinal replacement expense was allowed as revenue expenditure, while the boundary wall and capital item were disallowed. en-us Fri, 07 Dec 1984 00:00:00 +0530 Mon, 08 Feb 2010 13:30:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26770 Expenditure incurred to comply with a regulatory direction for the running of a cinema business may be revenue in nature where it is a necessary business outlay and does not bring into existence an enduring asset. On that basis, the cost of replacing urinals, carried out under the District Magistrate's directions, was treated as allowable revenue expenditure. By contrast, expenditure on the boundary wall was regarded on facts as new construction rather than repair, and the additional sum treated as capital expenditure was not open to interference. The result was that only the urinal replacement expense was allowed as revenue expenditure, while the boundary wall and capital item were disallowed. Case-Laws Income Tax Fri, 07 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26770