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2001 (5) TMI 135 - AT - Income TaxExtract: .......ance to the assessee s case, support the revenue s case for treating the expenditure in the present case as capital expenditure. 14. For the foregoing reasons we would hold that the expenditure incurred by the assessee, claimed as cold repairs of the furnace, is capital in nature. 15. In the result, the appeal of the revenue is, therefore, allowed.
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