https://www.taxtmi.com/caselaws?id=17571 The court ruled in favor of the assessee on all four issues, affirming the Tribunal's decisions. The expenditure on asphalting of roads was considered revenue expenditure, the payment for process know-how was classified as revenue expenditure, the investment allowance on plant and machinery in the hatchery division was allowed, and the assessee was deemed an industrial company. The case was disposed of with no costs incurred by either party. en-us Fri, 03 Nov 1995 00:00:00 +0530 Wed, 23 Sep 2009 13:41:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17571 The court ruled in favor of the assessee on all four issues, affirming the Tribunal's decisions. The expenditure on asphalting of roads was considered revenue expenditure, the payment for process know-how was classified as revenue expenditure, the investment allowance on plant and machinery in the hatchery division was allowed, and the assessee was deemed an industrial company. The case was disposed of with no costs incurred by either party. Case-Laws Income Tax Fri, 03 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17571