https://www.taxtmi.com/caselaws?id=282911 The High Court ruled in favor of the assessee, allowing deductions for expenses incurred in shifting the factory and the recoverable bonus written off. The Court differentiated between capital and revenue expenditures, considering the expenses' relation to business operations. en-us Mon, 13 Jan 1997 00:00:00 +0530 Sat, 31 Aug 2019 07:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282911 The High Court ruled in favor of the assessee, allowing deductions for expenses incurred in shifting the factory and the recoverable bonus written off. The Court differentiated between capital and revenue expenditures, considering the expenses' relation to business operations. Case-Laws Income Tax Mon, 13 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282911