https://www.taxtmi.com/caselaws?id=275633 The toll power under the Indian Tolls Act is compensatory and must remain linked to the public benefit from the road or bridge. The Court stated that toll may recover the total construction cost, interest on actual construction expenditure, expenditure incurred in realisation of toll, and maintenance costs, and it rejected the view that interest can be charged only where construction was financed by borrowing. It also held that stationery expenditure is not includible unless incurred in toll realisation, and that interest on stationery cost or interest on interest cannot be added to the toll base. en-us Fri, 25 Feb 2000 00:00:00 +0530 Wed, 10 Oct 2018 16:48:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275633 The toll power under the Indian Tolls Act is compensatory and must remain linked to the public benefit from the road or bridge. The Court stated that toll may recover the total construction cost, interest on actual construction expenditure, expenditure incurred in realisation of toll, and maintenance costs, and it rejected the view that interest can be charged only where construction was financed by borrowing. It also held that stationery expenditure is not includible unless incurred in toll realisation, and that interest on stationery cost or interest on interest cannot be added to the toll base. Case-Laws Indian Laws Fri, 25 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275633