https://www.taxtmi.com/caselaws?id=39130 Depreciation under rule 8 of the Indian Income-tax Rules, 1922 had to be computed within the statutory scheme for coal mines, so a claim for full depreciation under section 10(2)(vi) of the Indian Income-tax Act, 1922 was unsustainable and failed. Expenditure on constructing dams to prevent recurrence of a mine disaster and protect the mine and labourers was held to bring an enduring advantage to the business asset; it was therefore capital expenditure, not revenue expenditure, and the reference was answered in favour of the Revenue. en-us Wed, 23 Jul 1975 00:00:00 +0530 Tue, 13 Apr 2010 11:11:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39130 Depreciation under rule 8 of the Indian Income-tax Rules, 1922 had to be computed within the statutory scheme for coal mines, so a claim for full depreciation under section 10(2)(vi) of the Indian Income-tax Act, 1922 was unsustainable and failed. Expenditure on constructing dams to prevent recurrence of a mine disaster and protect the mine and labourers was held to bring an enduring advantage to the business asset; it was therefore capital expenditure, not revenue expenditure, and the reference was answered in favour of the Revenue. Case-Laws Income Tax Wed, 23 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39130