https://www.taxtmi.com/caselaws?id=188448 Expenditure incurred to fill a pit in a mill compound was held to be capital expenditure rather than an allowable revenue deduction under the Income-tax Act, 1922. The work did not merely preserve or repair an existing asset; it removed a liability and nuisance and converted the area into useful ground for the mill's operations. The fact that the pit had been left unused for some time, and that the lease had only an unexpired term, did not prevent the advantage obtained from being enduring in character. The deduction was therefore disallowed and the question was answered in favour of the Revenue. en-us Mon, 23 Sep 1957 00:00:00 +0530 Thu, 01 Dec 2016 12:22:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188448 Expenditure incurred to fill a pit in a mill compound was held to be capital expenditure rather than an allowable revenue deduction under the Income-tax Act, 1922. The work did not merely preserve or repair an existing asset; it removed a liability and nuisance and converted the area into useful ground for the mill's operations. The fact that the pit had been left unused for some time, and that the lease had only an unexpired term, did not prevent the advantage obtained from being enduring in character. The deduction was therefore disallowed and the question was answered in favour of the Revenue. Case-Laws Income Tax Mon, 23 Sep 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188448