1976 (11) TMI 80

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....e of its business. In the year of account ended 31st March 1973, assessment year 1973-74, the assessee claimed Rs. 13,247 for current repairs. The written down value of the house at the beginning of this year was just more than a lakh of rupees. The assessee had not claimed anything towards current repairs in the past three or four years except perhaps routine maintenance like white washing. The d....

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....allowed for current repairs. The Appellate Assistant Commissioner while confirming the assessment was of the view that it is accumulated repairs that was done by the assessee. 3. We considered the details of work done as is seen reflected in the details furnished, which is the only material furnished to the Income-tax Officer. We did not find there any material which would indicate that anythin....

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....his amount, it could not ever be imagined that its value had gone up. The expenditure has no character of investment or capital expenditure. The description clearly says that it is only current repairs. 4. There is no basis also to think that it is accumulated repairs. Just because no repairs were done for the last three or four years we do not know whether in those years it needed any repairs ....