Renovation & refurbishment of hotel rooms & other facilities are revenue expenditure

Advertisement Asian Hotels Ltd Vs CIT (Delhi High Court) Delhi High Court held that the renovation and refurbishment of the rooms, including washrooms and other facilities in the hotel which only improves efficiency of source of profit/income are revenue expenditure. Facts- The appellant/assessee is in the business of running a five-star hotel named Hyatt Regency. In and about 1990, when nearly 6 years had passed since the hotel went into commercial production, the appellant/assessee embarked on repairing, renovating, and refurbishing its hotel. For the accomplishment of the task at hand, t...