Genesisi Datacomp P. Ltd. v. ITO (2018) 63 ITR 699 (Mum.)(Trib.)

S.37(1):Business expenditure – Capital or revenue – Renovation of leased office premises is revenue expenses allowable [S.31]

Expenditure incurred on renovation of leased office premises is revenue expenses allowable u/s 37 of the Act .  (AY. 2011-2012 )