https://www.taxtmi.com/caselaws?id=35943 Expenditure on constructing metal roads on the assessee's own land was held to be capital in nature because it secured an enduring advantage for transporting night soil and compost in business operations; it was therefore not allowable as revenue expenditure. Depreciation was also denied because the roads did not fall within building, machinery, plant or furniture for purposes of section 32(1). Both issues were decided against the assessee, and the reference was disposed of accordingly. en-us Fri, 12 Sep 1980 00:00:00 +0530 Thu, 18 Mar 2010 11:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35943 Expenditure on constructing metal roads on the assessee's own land was held to be capital in nature because it secured an enduring advantage for transporting night soil and compost in business operations; it was therefore not allowable as revenue expenditure. Depreciation was also denied because the roads did not fall within building, machinery, plant or furniture for purposes of section 32(1). Both issues were decided against the assessee, and the reference was disposed of accordingly. Case-Laws Income Tax Fri, 12 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35943