https://www.taxtmi.com/caselaws?id=20304 Expenditure incurred to preserve or defend existing business assets was treated as revenue expenditure where no new or enduring asset came into existence; legal charges for defending property, building repairs, and replacement items such as stores, pipes and fittings were therefore allowable. A jeep was held to fall within the expression "motor car" for depreciation purposes, so the higher rate applied. By contrast, travelling expenses and miscellaneous payments for police personnel were disallowed where the assessee failed to furnish adequate particulars or establish business nexus, and part of the travelling claim was personal or unascertainable. en-us Fri, 10 Sep 1993 00:00:00 +0530 Fri, 13 Nov 2009 11:38:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20304 Expenditure incurred to preserve or defend existing business assets was treated as revenue expenditure where no new or enduring asset came into existence; legal charges for defending property, building repairs, and replacement items such as stores, pipes and fittings were therefore allowable. A jeep was held to fall within the expression "motor car" for depreciation purposes, so the higher rate applied. By contrast, travelling expenses and miscellaneous payments for police personnel were disallowed where the assessee failed to furnish adequate particulars or establish business nexus, and part of the travelling claim was personal or unascertainable. Case-Laws Income Tax Fri, 10 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20304