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2016 (12) TMI 1658 - HC - Income TaxNature of expenditure - revenue or capital - recurring expenditure for removal of overburden and other related activities for extraction of existing minerals from mines under operation - Held that:- In view of the observations made by the Supreme Court in the Judgment of Empire Jute Co. Ltd. vs. Commissioner of Income Tax ( 1980 (5) TMI 1 - SUPREME Court ), we are of the opinion that the expenses which gives fruitful result require to be done according to the necessity of relevant time and development with the nature of expenses. In that view of the matter, it cannot be capital expenses and is to be considered as revenue expenses. - Decided in favour of the assessee
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