https://www.taxtmi.com/caselaws?id=78922 The court held that the expenditure on dismantling and constructing a new cell room was capital in nature as it involved creating a new asset, not mere repairs. The expenditure on transformers, pumping sets, and mono block HP motors was deemed revenue expenditure as they were part of a larger plant and considered maintenance. The court partially favored the assessee by allowing the expenditure on equipment as revenue but deemed the cell room construction expenditure as capital, entitling the assessee to depreciation. en-us Tue, 14 Sep 2010 00:00:00 +0530 Thu, 15 Mar 2012 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78922 The court held that the expenditure on dismantling and constructing a new cell room was capital in nature as it involved creating a new asset, not mere repairs. The expenditure on transformers, pumping sets, and mono block HP motors was deemed revenue expenditure as they were part of a larger plant and considered maintenance. The court partially favored the assessee by allowing the expenditure on equipment as revenue but deemed the cell room construction expenditure as capital, entitling the assessee to depreciation. Case-Laws Income Tax Tue, 14 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78922