Expenses for Renovation and Redecoration of Hotel Rooms constitute Revenue Expenditure: Madras HC

The Madras High Court held that the expenditure incurred in the renovation and redecoration of rooms in a hotel is a revenue expenditure and not a capital expenditure. The appellant, Pandian Hotels Ltd. is engaged in the business of running a three-star hotel and for the assessment year in question, the assessee filed their return […]

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