1994 (7) TMI 56

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....rising out of the order of the Tribunal, annexure "C". The assessee, an individual, was a partner of a business which was running a cinema theatre. The firm was dissolved in 1979. The cinema business was taken over by the assessee. The Tribunal found, as a fact, that there was no discontinuance of the business. The assessee's claim for deduction of expenses spent on decorative items, furniture, el....

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....e seating capacity of the theatre got reduced. No enduring advantage was derived by the assessee. The same was the position regarding the electrical and sanitary fittings. Since no enduring advantage was derived by the assessee, the expenses were in the nature of revenue expenses and hence deductible. The findings on which these conclusions are arrived at are findings of fact on which no referable....