https://www.taxtmi.com/caselaws?id=77467 The High Court condoned the delay in re-filing the appeal, allowed depreciation on a Captive Power Plant, and determined the expenditure as revenue in nature. The Court dismissed the appeal, stating no substantial question of law arose, as the Captive Power Plant was not owned by the assessee, and the expenditure was for facilitating business operations, not creating enduring fixed capital. en-us Fri, 06 Aug 2010 00:00:00 +0530 Fri, 17 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77467 The High Court condoned the delay in re-filing the appeal, allowed depreciation on a Captive Power Plant, and determined the expenditure as revenue in nature. The Court dismissed the appeal, stating no substantial question of law arose, as the Captive Power Plant was not owned by the assessee, and the expenditure was for facilitating business operations, not creating enduring fixed capital. Case-Laws Income Tax Fri, 06 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77467