https://www.taxtmi.com/caselaws?id=38204 An expenditure on constructing a new approach road in factory was treated as capital, because it conferred an enduring business advantage and was therefore not allowable as revenue expenditure. At the same time, roads and roadways laid within factory premises for movement of raw materials, finished goods, and workers were treated as part of the factory building and eligible for depreciation, as such assets are subject to wear from constant use. The Taxation Laws (Part B States) (Removal of Difficulties) Order, 1950 was held valid and applicable on binding precedent, against the assessee and in favour of the revenue. en-us Wed, 23 Nov 1977 00:00:00 +0530 Sat, 03 Apr 2010 17:25:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38204 An expenditure on constructing a new approach road in factory was treated as capital, because it conferred an enduring business advantage and was therefore not allowable as revenue expenditure. At the same time, roads and roadways laid within factory premises for movement of raw materials, finished goods, and workers were treated as part of the factory building and eligible for depreciation, as such assets are subject to wear from constant use. The Taxation Laws (Part B States) (Removal of Difficulties) Order, 1950 was held valid and applicable on binding precedent, against the assessee and in favour of the revenue. Case-Laws Income Tax Wed, 23 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38204