https://www.taxtmi.com/caselaws?id=797171 Contribution towards augmentation of an electricity transmission line owned and maintained by the electricity board was treated as revenue expenditure where it secured adequate power supply for an existing business without conferring ownership, possession, or an enduring capital advantage. The board retained ownership, maintenance responsibility, and the ability to supply other consumers. The expenditure was incurred wholly and exclusively to improve business efficiency and profitability. Revision was not sustainable because the Assessing Officer had made enquiries and correctly allowed the deduction; the assessment was therefore neither erroneous nor prejudicial to Revenue interests. en-us Wed, 05 Aug 2026 00:00:00 +0530 Tue, 18 Aug 2026 08:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797171 Contribution towards augmentation of an electricity transmission line owned and maintained by the electricity board was treated as revenue expenditure where it secured adequate power supply for an existing business without conferring ownership, possession, or an enduring capital advantage. The board retained ownership, maintenance responsibility, and the ability to supply other consumers. The expenditure was incurred wholly and exclusively to improve business efficiency and profitability. Revision was not sustainable because the Assessing Officer had made enquiries and correctly allowed the deduction; the assessment was therefore neither erroneous nor prejudicial to Revenue interests. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797171