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2016 (11) TMI 943 - AT - Income TaxDisallowance of repair of machinery expenses - revenue v/s capital expenditure - Held that:- Replacement of the machinery was within the ambits of the expression "current repairs" which was needed as per the view point of the assessee as a business man. Hence, hereby direct to allow the expenditure in question as revenue expenditure. Ground allowed in favour of assessee.
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