https://www.taxtmi.com/caselaws?id=245290 A fiscal definition using the word "means" was treated as exhaustive, so pre-operative interest on borrowed funds was held outside additional fixed capital investment under Section 4-A of the Uttar Pradesh Trade Tax Act, with that issue decided for the Revenue. A transformer/C.V.T. installed to regulate voltage and enable operation of factory machinery was treated as plant or equipment necessary for running the unit and therefore within fixed capital investment, with that issue decided for the assessee. The appeal succeeded only on the interest component, while inclusion of the transformer/C.V.T. was upheld. en-us Tue, 28 Jan 2014 00:00:00 +0530 Tue, 25 Mar 2014 09:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245290 A fiscal definition using the word "means" was treated as exhaustive, so pre-operative interest on borrowed funds was held outside additional fixed capital investment under Section 4-A of the Uttar Pradesh Trade Tax Act, with that issue decided for the Revenue. A transformer/C.V.T. installed to regulate voltage and enable operation of factory machinery was treated as plant or equipment necessary for running the unit and therefore within fixed capital investment, with that issue decided for the assessee. The appeal succeeded only on the interest component, while inclusion of the transformer/C.V.T. was upheld. Case-Laws VAT and Sales Tax Tue, 28 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245290