https://www.taxtmi.com/caselaws?id=35923 The High Court held that half of the expenditure on Mr. Rohit Chinubhai's foreign tour was allowable as revenue expenditure, while the remaining half and the entire expenditure on Mr. H. P. Gupta's tour were not allowable. The assessee was entitled to depreciation and development rebate on specified amounts in the machinery and building accounts. The expenditure on testing formula was not allowable as revenue expenditure. Additionally, the court determined that roads should be treated as part of the building for depreciation purposes, not as part of the plant. en-us Wed, 16 Jul 1980 00:00:00 +0530 Thu, 18 Mar 2010 10:23:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35923 The High Court held that half of the expenditure on Mr. Rohit Chinubhai's foreign tour was allowable as revenue expenditure, while the remaining half and the entire expenditure on Mr. H. P. Gupta's tour were not allowable. The assessee was entitled to depreciation and development rebate on specified amounts in the machinery and building accounts. The expenditure on testing formula was not allowable as revenue expenditure. Additionally, the court determined that roads should be treated as part of the building for depreciation purposes, not as part of the plant. Case-Laws Income Tax Wed, 16 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35923