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

Principal CIT Vs Rambagh Palace Hotels Pvt. Ltd. (Delhi High Court) 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. hospitality. The Assessee appealed that the maintenance of its rooms, in continuance are an intrinsic part of...