Allowing the appeal the Court held that  expenditure incurred on  renovation of hotel Repairs,expenditure on pressurisation of lift silafts-fees paid to interior decorator are allowable as revenue expenditure. As regards additional ground the  matter is remanded to the Assessing officer. Court also held that  entries in the books of account cannot be the basis for determining whether the expenditure are capital or revenue.(AY. 1991-92 to 1997-98)