https://www.taxtmi.com/caselaws?id=23020 A question on expenditure for a direct feeder line of power was treated as referable where it was supported by analogous authority and arose from the pleadings. A question on whether inauguration expenses formed part of capital cost was not accepted for reference because such expenses were held not to be includible in capital expenditure. A further question on the revenue character and deductibility of inauguration expenses was also treated as fit for reference since the contention had been raised in the grounds of appeal. The application thus succeeded only in part, with reference directed on questions 1 and 3 and declined on question 2. en-us Tue, 10 Jul 1990 00:00:00 +0530 Wed, 16 Dec 2009 11:12:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23020 A question on expenditure for a direct feeder line of power was treated as referable where it was supported by analogous authority and arose from the pleadings. A question on whether inauguration expenses formed part of capital cost was not accepted for reference because such expenses were held not to be includible in capital expenditure. A further question on the revenue character and deductibility of inauguration expenses was also treated as fit for reference since the contention had been raised in the grounds of appeal. The application thus succeeded only in part, with reference directed on questions 1 and 3 and declined on question 2. Case-Laws Income Tax Tue, 10 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23020