https://www.taxtmi.com/caselaws?id=56329 The Appellate Tribunal allowed the appeal of the assessee, overturning the disallowance of expenses for repairs of the hotel building. It held that since no new construction occurred, the repair expenses were considered revenue expenditure essential for business efficiency and profitability. The entire repair expenses were allowed as business revenue expenditure under Section 30 or alternatively under Section 37 of the IT Act. The Income Tax Officer was directed to allow the full amount claimed by the assessee. en-us Fri, 13 Jul 1990 00:00:00 +0530 Fri, 03 Dec 2010 11:02:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56329 The Appellate Tribunal allowed the appeal of the assessee, overturning the disallowance of expenses for repairs of the hotel building. It held that since no new construction occurred, the repair expenses were considered revenue expenditure essential for business efficiency and profitability. The entire repair expenses were allowed as business revenue expenditure under Section 30 or alternatively under Section 37 of the IT Act. The Income Tax Officer was directed to allow the full amount claimed by the assessee. Case-Laws Income Tax Fri, 13 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56329