https://www.taxtmi.com/caselaws?id=57872 The Tribunal ruled in favor of treating M/s. Pathare Dhru & Co. and M/s. Dhru & Co. as separate entities for assessment purposes, directing the department to grant registration to M/s. Pathare Dhru & Co. for the relevant assessment year. Additionally, the Tribunal allowed the deduction of Rs. 1,69,500 paid to the retiring partner as a revenue expenditure, while upholding the treatment of expenditures on repairs, maintenance, and interior decorations as capital expenses. The Tribunal dismissed the additional ground related to the disallowance of Rs. 1,69,500 in the case of Dhru & Co. as infructuous. en-us Tue, 02 May 1995 00:00:00 +0530 Wed, 15 Dec 2010 10:59:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57872 The Tribunal ruled in favor of treating M/s. Pathare Dhru & Co. and M/s. Dhru & Co. as separate entities for assessment purposes, directing the department to grant registration to M/s. Pathare Dhru & Co. for the relevant assessment year. Additionally, the Tribunal allowed the deduction of Rs. 1,69,500 paid to the retiring partner as a revenue expenditure, while upholding the treatment of expenditures on repairs, maintenance, and interior decorations as capital expenses. The Tribunal dismissed the additional ground related to the disallowance of Rs. 1,69,500 in the case of Dhru & Co. as infructuous. Case-Laws Income Tax Tue, 02 May 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57872