Renovation of hotel is in the nature of revenue expenditure
HIGH COURT OF GUJARAT Commissioner of Income-tax v. Cama Hotels Ltd. K.S. JHAVERI AND K.J. THAKER, JJ. IT REFERENCE NO. 11 OF 2005 DECEMBER 2, 2014 Nitin K. Mehta, Adv. for the Applicant. Manish J. Shah, Adv. for the Respondent. JUDGMENT K.S. Jhaveri, J. – By way of this reference, the Tribunal has referred the… Read More »