https://www.taxtmi.com/caselaws?id=330829 The court determined that the payment to Gujarat Energy Development Authority (GEDA) for the electric connection constituted revenue expenditure, not capital expenditure, as ownership of the assets created did not belong to the assessee. Relying on precedent and considering the Tribunal's findings, the court upheld the decisions of the Tribunal and Commissioner (Appeals), ruling in favor of the assessee and dismissing the appeal brought by the revenue. en-us Tue, 05 Jul 2016 00:00:00 +0530 Sat, 06 Aug 2016 13:50:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330829 The court determined that the payment to Gujarat Energy Development Authority (GEDA) for the electric connection constituted revenue expenditure, not capital expenditure, as ownership of the assets created did not belong to the assessee. Relying on precedent and considering the Tribunal's findings, the court upheld the decisions of the Tribunal and Commissioner (Appeals), ruling in favor of the assessee and dismissing the appeal brought by the revenue. Case-Laws Income Tax Tue, 05 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330829