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Hotel Repairs and Renovations Costs Classified as Revenue Expenditure, Not Capital; No New Asset or Enduring Advantage Found.

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....Nature of expenditure - revenue or capital expenditure - expenditures towards repairs and renovations of Assessee's hotel properties - Once CIT(A) as well as ITAT, on facts, have held that no new asset was brought into existence or new advantage of enduring nature was obtained. Expenditure should be allowed as revenue expenditure. No substantial question of law arise.....