https://www.taxtmi.com/caselaws?id=18196 The court held that the expenditure incurred in the construction of railway track and siding was revenue expenditure, not capital. The court ruled in favor of the assessee, allowing for a deduction of the expenditure to enhance business activities. However, the court left it to the Tribunal to determine the specifics of the deduction, emphasizing that it should align with the actual expenditure incurred in the relevant assessment years. en-us Fri, 21 Jun 1996 00:00:00 +0530 Tue, 29 Sep 2009 14:06:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18196 The court held that the expenditure incurred in the construction of railway track and siding was revenue expenditure, not capital. The court ruled in favor of the assessee, allowing for a deduction of the expenditure to enhance business activities. However, the court left it to the Tribunal to determine the specifics of the deduction, emphasizing that it should align with the actual expenditure incurred in the relevant assessment years. Case-Laws Income Tax Fri, 21 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18196