It cannot be said that by changing the line the assessee ...

Payment to State Electricity Board for Line Work Deemed Revenue, Not Enduring Asset Acquisition.

January 1, 2014

Case Laws     Income Tax     HC

It cannot be said that by changing the line the assessee procured some enduring asset - The amount paid to the State Electricity Board, for laying additional lines, and for shifting HT lines, was of revenue nature - HC

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