https://www.taxtmi.com/caselaws?id=19473 The High Court upheld the Tribunal's decision to treat dismantling charges as capital expenditure and value the scrap at Rs. 25,000. The court ruled in favor of the Revenue, supporting the disallowance of the charges incurred by the assessee-company. The judgment emphasized the need for detailed justifications in tax assessments to prevent disputes over expenditure nature and valuation. en-us Thu, 21 Jul 1994 00:00:00 +0530 Fri, 06 Nov 2009 13:45:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19473 The High Court upheld the Tribunal's decision to treat dismantling charges as capital expenditure and value the scrap at Rs. 25,000. The court ruled in favor of the Revenue, supporting the disallowance of the charges incurred by the assessee-company. The judgment emphasized the need for detailed justifications in tax assessments to prevent disputes over expenditure nature and valuation. Case-Laws Income Tax Thu, 21 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19473