https://www.taxtmi.com/caselaws?id=333161 The SC upheld the tribunal's ruling that expenditure on abandoned cell site projects constitutes revenue expenditure. The court determined the expenses were incurred to enhance existing cellular service operations, not create a new income source. Since the towers were intended for the company's own use and abandoned due to site unsuitability, the expenditure remained revenue-based and allowable under income tax regulations. The Revenue's appeal was dismissed. en-us Fri, 30 Sep 2016 00:00:00 +0530 Thu, 08 May 2025 15:06:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333161 The SC upheld the tribunal's ruling that expenditure on abandoned cell site projects constitutes revenue expenditure. The court determined the expenses were incurred to enhance existing cellular service operations, not create a new income source. Since the towers were intended for the company's own use and abandoned due to site unsuitability, the expenditure remained revenue-based and allowable under income tax regulations. The Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 30 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333161