https://www.taxtmi.com/caselaws?id=36731 The High Court held that the amount of Rs. 3,361 was capital expenditure and not admissible as revenue expenditure for the assessment year 1963-64. The Court affirmed the disallowance of the amount and the refusal to allow depreciation, stating that the expenditure brought an enduring benefit to the assessee. The Court distinguished the case from others, noting that the construction was voluntary and not obligatory under the lease terms. The assessee was directed to pay the costs of the reference to the Commissioner of Income-tax. en-us Wed, 30 Apr 1980 00:00:00 +0530 Wed, 24 Mar 2010 11:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36731 The High Court held that the amount of Rs. 3,361 was capital expenditure and not admissible as revenue expenditure for the assessment year 1963-64. The Court affirmed the disallowance of the amount and the refusal to allow depreciation, stating that the expenditure brought an enduring benefit to the assessee. The Court distinguished the case from others, noting that the construction was voluntary and not obligatory under the lease terms. The assessee was directed to pay the costs of the reference to the Commissioner of Income-tax. Case-Laws Income Tax Wed, 30 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36731