https://www.taxtmi.com/caselaws?id=29501 The High Court ruled in favor of the assessee, determining that the expenditure on relining the kilns constituted 'current repairs' under the Income-tax Act, 1961. The Court emphasized that the expenditure was necessary for maintaining the kilns in working condition and did not result in any enduring advantage or asset. The replacement of red bricks with refractory bricks was deemed essential due to the shortage of red bricks, not for efficiency improvement. The Court awarded costs to the assessee, concluding that the expenditure qualified as 'current repairs' and was allowable. en-us Wed, 16 Sep 1981 00:00:00 +0530 Sat, 13 Mar 2010 13:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29501 The High Court ruled in favor of the assessee, determining that the expenditure on relining the kilns constituted 'current repairs' under the Income-tax Act, 1961. The Court emphasized that the expenditure was necessary for maintaining the kilns in working condition and did not result in any enduring advantage or asset. The replacement of red bricks with refractory bricks was deemed essential due to the shortage of red bricks, not for efficiency improvement. The Court awarded costs to the assessee, concluding that the expenditure qualified as 'current repairs' and was allowable. Case-Laws Income Tax Wed, 16 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29501