1994 (7) TMI 56

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..... ourt was delivered by T. L. VISWANATHA IYER J.---We do not find any referable question of law arising out of the order of the Tribunal, annexure "C". The assessee, an individual, was a partner of a business which was running a cinema theatre. The firm was dissolved in 1979. The cinema business was taken over by the assessee. The Tribunal found, as a fact, that there was no discontinuance of the b .....

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..... , the finding of the Tribunal was that it was a case of arrangement, and remodelling by which the seating capacity of the theatre got reduced. No enduring advantage was derived by the assessee. The same was the position regarding the electrical and sanitary fittings. Since no enduring advantage was derived by the assessee, the expenses were in the nature of revenue expenses and hence deductible. T .....

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