https://www.taxtmi.com/caselaws?id=37663 The court determined that the contribution of Rs. 20,000 by the assessee-company for repairing an existing road leading to a new project was revenue expenditure, not capital expenditure. The expenditure was considered remedial in nature, aimed at running the business efficiently. The court ruled in favor of the assessee, directing the CIT to pay the costs of the reference to the assessee. en-us Tue, 30 Aug 1977 00:00:00 +0530 Wed, 31 Mar 2010 12:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37663 The court determined that the contribution of Rs. 20,000 by the assessee-company for repairing an existing road leading to a new project was revenue expenditure, not capital expenditure. The expenditure was considered remedial in nature, aimed at running the business efficiently. The court ruled in favor of the assessee, directing the CIT to pay the costs of the reference to the assessee. Case-Laws Income Tax Tue, 30 Aug 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37663