Held that expenditure incurred by a hotelier, in renovation and redecoration of rooms in hotel would be revenue expenditure. (AY. 2008-09)
Sankamtal Hotel (P.) Ltd. v. ACIT (2022) 197 ITD 292 (Panaji) (Trib.)
S. 37(1) : Business expenditure-Capital or revenue-Hotelier-Repairs-renovation and redecoration of rooms-Revenue expenditure.