https://www.taxtmi.com/caselaws?id=28733 The High Court ruled in favor of the assessee regarding the expenditure on testing scooters, holding it as revenue expenditure. However, the Court upheld the Tribunal's decisions on the depreciation claims for tools, dies, jigs, and fixtures, as well as the rate of depreciation on jigs and fixtures, supporting the Revenue's position in these matters. en-us Mon, 27 Jul 1981 00:00:00 +0530 Thu, 25 Feb 2010 12:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28733 The High Court ruled in favor of the assessee regarding the expenditure on testing scooters, holding it as revenue expenditure. However, the Court upheld the Tribunal's decisions on the depreciation claims for tools, dies, jigs, and fixtures, as well as the rate of depreciation on jigs and fixtures, supporting the Revenue's position in these matters. Case-Laws Income Tax Mon, 27 Jul 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28733