https://www.taxtmi.com/caselaws?id=29532 The court held in favor of the assessee, ruling that the expenditure on milk used for testing plant and machinery before commercial production should be considered part of the cost for depreciation and development rebate. The court emphasized the importance of trial runs in ensuring the proper functioning of machinery and considered the milk purchase as a necessary step in setting up the capital asset. Referring to relevant case law and common business practices, the court concluded that the expense was a capital expenditure essential for the installation process. The parties were each responsible for their costs in the case. en-us Fri, 27 Mar 1981 00:00:00 +0530 Sat, 13 Mar 2010 15:54:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29532 The court held in favor of the assessee, ruling that the expenditure on milk used for testing plant and machinery before commercial production should be considered part of the cost for depreciation and development rebate. The court emphasized the importance of trial runs in ensuring the proper functioning of machinery and considered the milk purchase as a necessary step in setting up the capital asset. Referring to relevant case law and common business practices, the court concluded that the expense was a capital expenditure essential for the installation process. The parties were each responsible for their costs in the case. Case-Laws Income Tax Fri, 27 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29532