High Court Rules Interior Designer Fees for Temporary Hotel Access Deductible u/s 37(1) of Income Tax Act.

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....Nature of expenditure - revenue or capital in nature - assessee had engaged a professional interior designer to plan temporary access and exit from the Five Star Hotel and for which an amount of ₹ 22.44 lakhs was paid - this expenditure is allowable as deduction u/s 37(1) as revenue expenditure - HC....