https://www.taxtmi.com/caselaws?id=18330 The court determined that the expenditure incurred for obtaining a feasibility report to convert a coke plant to a cement plant was a revenue expenditure, not capital. The court found that the expenditure aimed at improving the existing plant without significant modifications and was in line with previous cases where improving existing operations was considered revenue expenditure. The claim for deduction as revenue expenditure was allowed, and the judgment favored the assessee against the Revenue. en-us Tue, 28 May 1996 00:00:00 +0530 Wed, 30 Sep 2009 12:19:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18330 The court determined that the expenditure incurred for obtaining a feasibility report to convert a coke plant to a cement plant was a revenue expenditure, not capital. The court found that the expenditure aimed at improving the existing plant without significant modifications and was in line with previous cases where improving existing operations was considered revenue expenditure. The claim for deduction as revenue expenditure was allowed, and the judgment favored the assessee against the Revenue. Case-Laws Income Tax Tue, 28 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18330