Dismissing the appeal of the assessee the Court held that the expenditure incurred was for making repairs to the office building itself, by using plaster of paris. The expenditure having an enduring benefit to the business of the assessee had to be treated as capital expenditure (AY.2003-04)
South India Corporation Ltd. v. ACIT (2019) 412 ITR 239/ 177 DTR 337 (Ker.)(HC)
S. 37(1) : Business expenditure—Capital or revenue-Expenditure on repair of office room—Held to be capital expenditure.