https://www.taxtmi.com/caselaws?id=27009 The court ruled in favor of the assessee, a Hindu undivided family involved in a cinema exhibition business, allowing the claimed expenditures of Rs. 91,250 for repairs and renovations at a cinema in Agra under Section 37(1) of the Income-tax Act, 1961. The court emphasized the necessity of the repairs for business continuity and classified the expenditure as revenue rather than capital, based on the lack of enduring benefits and the essential nature of the repairs for the efficient functioning of the business and license renewal. en-us Fri, 07 Dec 1984 00:00:00 +0530 Wed, 10 Feb 2010 11:19:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27009 The court ruled in favor of the assessee, a Hindu undivided family involved in a cinema exhibition business, allowing the claimed expenditures of Rs. 91,250 for repairs and renovations at a cinema in Agra under Section 37(1) of the Income-tax Act, 1961. The court emphasized the necessity of the repairs for business continuity and classified the expenditure as revenue rather than capital, based on the lack of enduring benefits and the essential nature of the repairs for the efficient functioning of the business and license renewal. Case-Laws Income Tax Fri, 07 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27009