https://www.taxtmi.com/caselaws?id=181102 Pre commencement payments made to secure monopoly rights or statutory immunities constitute capital expenditure because they create an enduring advantage for the business rather than ordinary revenue outgoings; such payments are not deductible under the relevant tax provision. Separately, the method and agency of cheque transmission (post or hand and whether posting was at the payee's request) are material facts for determining place of receipt, and a tribunal may properly remit the matter for inquiry where those facts were not previously considered in light of controlling law. en-us Wed, 13 Jun 1962 00:00:00 +0530 Thu, 07 Apr 2016 12:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181102 Pre commencement payments made to secure monopoly rights or statutory immunities constitute capital expenditure because they create an enduring advantage for the business rather than ordinary revenue outgoings; such payments are not deductible under the relevant tax provision. Separately, the method and agency of cheque transmission (post or hand and whether posting was at the payee's request) are material facts for determining place of receipt, and a tribunal may properly remit the matter for inquiry where those facts were not previously considered in light of controlling law. Case-Laws Income Tax Wed, 13 Jun 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181102