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2013 (9) TMI 1064 - HC - Income TaxAllowability of expenditure - revenue v/s capital - Held that:- The appellant has expended money not merely to preserve and maintain an existing building but to obtain a fresh advantage by creating cabins, rooms etc. by the use of cement, iron, saria etc. as opposed to mere maintenance and preservation of the premises. The Assessing Officer has allowed expenses on account of renovation of toilets, painting etc. as a revenue expenditure but where the expense involves capital expenditure, it has not been allowed under Section 30(a)(i) of the Act. We find no error in the course adopted by the revenue. In the absence of any error of law or of fact in the impugned orders, we find no reason to hold that the assessee is entitled to deduction under Section 30(a)(i) of the Act. The questions of law are, therefore, answered against the appellant.
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