https://www.taxtmi.com/caselaws?id=23242 Pre-production expenditure on interest on loans, commitment charges, and legal and professional fees was treated as part of the actual cost of plant and machinery for depreciation allowance and development rebate, following the Supreme Court ruling in Challapalli Sugars Ltd. That same expenditure was also treated as part of the capital employed in the industrial undertaking for section 80J relief, as a consequential result of the first conclusion. The question was answered in favour of the assessee. en-us Thu, 17 Nov 1988 00:00:00 +0530 Thu, 17 Dec 2009 17:17:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23242 Pre-production expenditure on interest on loans, commitment charges, and legal and professional fees was treated as part of the actual cost of plant and machinery for depreciation allowance and development rebate, following the Supreme Court ruling in Challapalli Sugars Ltd. That same expenditure was also treated as part of the capital employed in the industrial undertaking for section 80J relief, as a consequential result of the first conclusion. The question was answered in favour of the assessee. Case-Laws Income Tax Thu, 17 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23242