https://www.taxtmi.com/caselaws?id=30864 HC held that expenditure of Rs.14,03,835 incurred by the assessee on renovation of rented premises is allowable under s.30(a)(i) as current repairs by a tenant, and the Assessing Officer was incorrect to disallow it on the ground that it should be claimed as depreciation under s.32. The court emphasised the statutory distinction between a tenant's current repairs and an owner's capital expenditure, found the claim squarely within s.30(a)(i), answered the question in favour of the assessee, and dismissed the revenue's appeal. en-us Mon, 15 Sep 2008 00:00:00 +0530 Sat, 06 Sep 2025 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30864 HC held that expenditure of Rs.14,03,835 incurred by the assessee on renovation of rented premises is allowable under s.30(a)(i) as current repairs by a tenant, and the Assessing Officer was incorrect to disallow it on the ground that it should be claimed as depreciation under s.32. The court emphasised the statutory distinction between a tenant's current repairs and an owner's capital expenditure, found the claim squarely within s.30(a)(i), answered the question in favour of the assessee, and dismissed the revenue's appeal. Case-Laws Income Tax Mon, 15 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30864