https://www.taxtmi.com/caselaws?id=39343 Expenditure incurred for permanent improvement of a cinema hall, even by a lessee, was treated as capital in nature because it enhanced the asset itself and had an enduring character. The amount was therefore not allowable as a deduction in computing business income. The claim for depreciation was outside the referred question and was not examined. en-us Tue, 02 Sep 1975 00:00:00 +0530 Thu, 15 Apr 2010 17:08:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39343 Expenditure incurred for permanent improvement of a cinema hall, even by a lessee, was treated as capital in nature because it enhanced the asset itself and had an enduring character. The amount was therefore not allowable as a deduction in computing business income. The claim for depreciation was outside the referred question and was not examined. Case-Laws Income Tax Tue, 02 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39343