https://www.taxtmi.com/caselaws?id=77892 Compensation paid for deprivation of management and possession during the intervening period before acquisition was treated as revenue expenditure because it was a compensatory payment for loss suffered, not part of the consideration for transfer of title or ownership. The payment attributable to acquisition of the undertaking was capital expenditure. Accordingly, only the acquisition component was capital in nature, while the deprivation charges were allowable as revenue expenditure. en-us Tue, 04 Mar 2008 00:00:00 +0530 Tue, 13 Sep 2011 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77892 Compensation paid for deprivation of management and possession during the intervening period before acquisition was treated as revenue expenditure because it was a compensatory payment for loss suffered, not part of the consideration for transfer of title or ownership. The payment attributable to acquisition of the undertaking was capital expenditure. Accordingly, only the acquisition component was capital in nature, while the deprivation charges were allowable as revenue expenditure. Case-Laws Income Tax Tue, 04 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77892