https://www.taxtmi.com/caselaws?id=6920 Dead rent paid under mining leases for coal fields that were not worked was treated as revenue expenditure and allowed as a deduction. The payment was annually payable, directly linked to the working of the coal and the royalty structure, and did not amount to additional capital outlay for acquiring leasehold rights or create an enduring capital asset or advantage. The fact that some fields remained unworked and the leases were long-term did not change its character, because the business was continuing and the expenditure was connected with raw material acquisition. en-us Wed, 26 Oct 1966 00:00:00 +0530 Sat, 07 Feb 2009 09:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6920 Dead rent paid under mining leases for coal fields that were not worked was treated as revenue expenditure and allowed as a deduction. The payment was annually payable, directly linked to the working of the coal and the royalty structure, and did not amount to additional capital outlay for acquiring leasehold rights or create an enduring capital asset or advantage. The fact that some fields remained unworked and the leases were long-term did not change its character, because the business was continuing and the expenditure was connected with raw material acquisition. Case-Laws Income Tax Wed, 26 Oct 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6920