HC held expense on Repair & Maintenance by Rambagh Palace Hotels as Revenue in Nature

1. The Revenue urges three questions of law in these appeals for Assessment Years 2006-2007 and 2009-2010. The first relates to the initial dis allowance made in respect of expenses claimed towards repairs and maintenance. The Assessee manages a hotel in Jaipur. The Assessee’s explanation was that this expenditure fell entirely in the Revenue stream and essentially for the purposes of its commercial activity, i.e. hospi

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