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2023 (10) TMI 514 - DELHI HIGH COURTNature of expenses - Renovation and repair expenses - whether not the revenue expenditure admissible u/s 37? - treatment of expenses incurred on renovation and refurbishment of Hotel - HELD THAT:- Having regard to the judgment rendered in [2023 (10) TMI 467 - DELHI HIGH COURT] the instant appeal is disposed of with the following directions, as the view taken in the said appeal will apply mutatis mutandis to the instant case as well: Appellant/assessee will be entitled to claim the deduction, as, in our opinion, it is in the nature of revenue expenditure as incurred on payment of fees to GEL.
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