https://www.taxtmi.com/caselaws?id=7773 Expenditure incurred for constructing new roads to improve transport facilities was held to be capital in nature, because the enduring benefit test showed that the payment brought into existence a capital asset or advantage of a capital character. The fact that the land did not belong to the assessee did not change the character of the outlay. Since the contribution was not merely for repair or routine operational convenience, it was not wholly deductible as revenue expenditure under section 10(2)(xv). The disallowance was therefore upheld against the assessee. en-us Fri, 12 Sep 1969 00:00:00 +0530 Thu, 19 Mar 2009 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7773 Expenditure incurred for constructing new roads to improve transport facilities was held to be capital in nature, because the enduring benefit test showed that the payment brought into existence a capital asset or advantage of a capital character. The fact that the land did not belong to the assessee did not change the character of the outlay. Since the contribution was not merely for repair or routine operational convenience, it was not wholly deductible as revenue expenditure under section 10(2)(xv). The disallowance was therefore upheld against the assessee. Case-Laws Income Tax Fri, 12 Sep 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7773