https://www.taxtmi.com/caselaws?id=66644 The tribunal upheld the disallowance of the expenditure related to the proposed project, designs and drawings, advance for equipment, relief under section 80J, and guest house expenditure and depreciation, dismissing the appeal in its entirety. The expenditure was deemed capital in nature and not deductible as revenue expenditure, following relevant case law and precedents. en-us Mon, 28 Apr 1986 00:00:00 +0530 Sat, 05 Mar 2011 13:26:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66644 The tribunal upheld the disallowance of the expenditure related to the proposed project, designs and drawings, advance for equipment, relief under section 80J, and guest house expenditure and depreciation, dismissing the appeal in its entirety. The expenditure was deemed capital in nature and not deductible as revenue expenditure, following relevant case law and precedents. Case-Laws Income Tax Mon, 28 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66644