Supreme Court rules on leasehold expenditure for sugar factory as capital, dismisses appeals.

The Supreme Court dismissed Civil Appeal No. 123 of 1989 regarding expenditure for acquiring a leasehold right for a sugar factory, deeming the expenditure as of a capital nature. Civil Appeal No. 20 of 1985 was also dismissed in connection with the first appeal. No costs were awarded in either case.

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The Supreme Court dismissed Civil Appeal No. 123 of 1989, which involved expenditure for acquiring a leasehold right for a sugar factory, stating the expenditure is of a capital nature. Civil Appeal No. 20 of 1985 was also dismissed in view of the first appeal. No costs were awarded in both cases.

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