https://www.taxtmi.com/caselaws?id=37123 The court determined that the expenditure on the false ceiling for a cinema building was revenue in nature and not capital. The repairs were deemed urgent and necessary for license renewal, with no enduring benefit to the business. The judgment favored the assessee, directing the revenue to cover the petition costs. en-us Thu, 09 Aug 1979 00:00:00 +0530 Fri, 26 Mar 2010 16:38:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37123 The court determined that the expenditure on the false ceiling for a cinema building was revenue in nature and not capital. The repairs were deemed urgent and necessary for license renewal, with no enduring benefit to the business. The judgment favored the assessee, directing the revenue to cover the petition costs. Case-Laws Income Tax Thu, 09 Aug 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37123