COMMISSIONER OF INCOME-TAX versus TRAVANCORE CEMENT LTD.
The ceiling on business expense repairs applies to costs not covered under section 37 (3A), falling from Sec30 to Section 36, and costs incurred on plant and machinery repairs can be deducted under Section 3131. Motor plant is not subject to the cost of repairing cars. Section 37 (3A) repealed the Indian Income Tax Act, 1961, Sections 31 and 37 [CITV Novodia (1997) 225 ITR 399 (Ker) and the CITV Trojan Corps Cement Limited ( 1999) 240 ITR 825 (Appendix) upside down]
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