https://www.taxtmi.com/caselaws?id=471833 Process-loss and business-expenditure claims require a sustainable factual basis for any disallowance: accepted accounts, absence of identified defects or unrecorded sales, and no evidence of non-business or personal use prevent ad hoc estimation. Qualifying pollution-control machinery used in business falls within the applicable depreciation framework. Trial-run losses and genuine pre-operative costs necessary to bring fixed assets into working condition form part of actual cost and attract depreciation. Separate stock or work-in-progress additions cannot rest on accepted accounts without valuation defects, particularly where the adjustment is revenue-neutral. Repair deductions require primary vouchers; failure to produce them can justify a reasonable estimated disallowance. en-us Fri, 12 Sep 2014 00:00:00 +0530 Sat, 19 Sep 2026 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471833 Process-loss and business-expenditure claims require a sustainable factual basis for any disallowance: accepted accounts, absence of identified defects or unrecorded sales, and no evidence of non-business or personal use prevent ad hoc estimation. Qualifying pollution-control machinery used in business falls within the applicable depreciation framework. Trial-run losses and genuine pre-operative costs necessary to bring fixed assets into working condition form part of actual cost and attract depreciation. Separate stock or work-in-progress additions cannot rest on accepted accounts without valuation defects, particularly where the adjustment is revenue-neutral. Repair deductions require primary vouchers; failure to produce them can justify a reasonable estimated disallowance. Case-Laws Income Tax Fri, 12 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471833