https://www.taxtmi.com/caselaws?id=769178 Employee-related education, community development, sports and recreation, and welfare expenses incurred under the wage framework were treated as commercially expedient business outgoings and allowed as revenue expenditure; the additional depreciation claim on machinery used in the mining project was also sustained because the statutory conditions were met. By contrast, overburden removal in open-cast mining was held to be capital expenditure because it was preparatory to accessing the next coal seam after exhaustion of the earlier seam and conferred a capital advantage by enabling further exploitation of the mine. The assessee succeeded on the deduction and depreciation claims, while the Revenue succeeded on the characterisation of overburden removal. en-us Tue, 15 Apr 2025 00:00:00 +0530 Fri, 18 Apr 2025 11:05:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769178 Employee-related education, community development, sports and recreation, and welfare expenses incurred under the wage framework were treated as commercially expedient business outgoings and allowed as revenue expenditure; the additional depreciation claim on machinery used in the mining project was also sustained because the statutory conditions were met. By contrast, overburden removal in open-cast mining was held to be capital expenditure because it was preparatory to accessing the next coal seam after exhaustion of the earlier seam and conferred a capital advantage by enabling further exploitation of the mine. The assessee succeeded on the deduction and depreciation claims, while the Revenue succeeded on the characterisation of overburden removal. Case-Laws Income Tax Tue, 15 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769178