https://www.taxtmi.com/caselaws?id=793943 Overburden removal and mine development expenditure incurred by a mining contractor was treated as revenue in nature and deductible under section 37(1), because the assessee was a contractor engaged in extraction activity and not the mine owner; section 35E was noted as an amortisation provision for otherwise non-deductible capital expenditure and not a bar to deduction otherwise available. Allowing only net mine development expenditure while also taxing the corresponding realisation was held to create duplication, so the double addition was reduced. A further claim for expenditure earlier disallowed for TDS default was remitted to the AO for verification after evidence of later deduction and deposit of tax. en-us Tue, 23 Jun 2026 00:00:00 +0530 Fri, 26 Jun 2026 07:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793943 Overburden removal and mine development expenditure incurred by a mining contractor was treated as revenue in nature and deductible under section 37(1), because the assessee was a contractor engaged in extraction activity and not the mine owner; section 35E was noted as an amortisation provision for otherwise non-deductible capital expenditure and not a bar to deduction otherwise available. Allowing only net mine development expenditure while also taxing the corresponding realisation was held to create duplication, so the double addition was reduced. A further claim for expenditure earlier disallowed for TDS default was remitted to the AO for verification after evidence of later deduction and deposit of tax. Case-Laws Income Tax Tue, 23 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793943