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2010 (11) TMI 391 - HC - Income TaxCapital or revenue expenditure - if the expenditure is capital in nature and the same is incurred by the assessee for the purpose of business in a premises of which the assessee holds lease or other right of occupancy then any expenditure incurred on renovation and improvement of the building shall be treated as if the said contract or work is in a building owned by the assessee - Held that: the amount spent was in the nature of capital expenditure - Decided against the assessee
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