https://www.taxtmi.com/caselaws?id=36194 The Tribunal held that the contribution towards road construction was capital expenditure and disallowed the claim. However, the Tribunal allowed the development rebate claim on new cooling coils, ruling in favor of the assessee. The High Court affirmed these decisions, stating that the road construction expense was not allowable under the Income-tax Act, while the cooling coils qualified for development rebate. en-us Wed, 21 Jan 1981 00:00:00 +0530 Sat, 20 Mar 2010 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36194 The Tribunal held that the contribution towards road construction was capital expenditure and disallowed the claim. However, the Tribunal allowed the development rebate claim on new cooling coils, ruling in favor of the assessee. The High Court affirmed these decisions, stating that the road construction expense was not allowable under the Income-tax Act, while the cooling coils qualified for development rebate. Case-Laws Income Tax Wed, 21 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36194