https://www.taxtmi.com/caselaws?id=38860 The court held that the expenditure for guniting work and architects' fees were revenue expenditures and allowable as deductions under section 37 of the Income-tax Act. The gratuity payment to the heirs of an employee was partially allowed as a business expenditure, with Rs. 24,000 deductible while the excess amount of Rs. 26,000 was disallowed. The court resolved both issues in favor of the assessee, awarding costs of the reference from the revenue. en-us Tue, 15 Jul 1975 00:00:00 +0530 Sat, 10 Apr 2010 10:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38860 The court held that the expenditure for guniting work and architects' fees were revenue expenditures and allowable as deductions under section 37 of the Income-tax Act. The gratuity payment to the heirs of an employee was partially allowed as a business expenditure, with Rs. 24,000 deductible while the excess amount of Rs. 26,000 was disallowed. The court resolved both issues in favor of the assessee, awarding costs of the reference from the revenue. Case-Laws Income Tax Tue, 15 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38860