https://www.taxtmi.com/caselaws?id=55850 The Tribunal held that the expenditure on the installation of an electrical stand-by line was of revenue nature and permissible as a deduction under section 37(1) of the IT Act, 1961. Despite arguments based on previous case law, the Tribunal found that the purpose of the installation was not enduring, leading to the conclusion that the expenditure was not of a capital nature. As a result, the appeal challenging the deduction was rejected. en-us Thu, 18 Jun 1981 00:00:00 +0530 Tue, 30 Nov 2010 14:04:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55850 The Tribunal held that the expenditure on the installation of an electrical stand-by line was of revenue nature and permissible as a deduction under section 37(1) of the IT Act, 1961. Despite arguments based on previous case law, the Tribunal found that the purpose of the installation was not enduring, leading to the conclusion that the expenditure was not of a capital nature. As a result, the appeal challenging the deduction was rejected. Case-Laws Income Tax Thu, 18 Jun 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55850