https://www.taxtmi.com/caselaws?id=175286 The Tribunal ruled in favor of the assessee regarding the allowability of expenditure for a paper project in Saharanpur as revenue expenditure. The expenditure was considered revenue in nature as no enduring benefit was acquired and the plant was not set up. Additionally, the grant of extra shift allowance on the cost of electric installations was decided in favor of the assessee based on a previous judgment, resulting in a favorable outcome for the assessee in both issues. en-us Mon, 11 Aug 2008 00:00:00 +0530 Tue, 17 Nov 2015 16:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175286 The Tribunal ruled in favor of the assessee regarding the allowability of expenditure for a paper project in Saharanpur as revenue expenditure. The expenditure was considered revenue in nature as no enduring benefit was acquired and the plant was not set up. Additionally, the grant of extra shift allowance on the cost of electric installations was decided in favor of the assessee based on a previous judgment, resulting in a favorable outcome for the assessee in both issues. Case-Laws Income Tax Mon, 11 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175286