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2007 (1) TMI 101 - HC - Income TaxService charges paid by assessee to Electricity board for laying the service line for 4th unit – AO held that benefit derived by assessee was of an enduring nature so it is capital expenditure – Setting 4th unit is extension of existing business, not start of new business - held that service lines didn’t belong to assessee but to Electricity board & were laid to enable assessee to conduct its business more efficiently – benefits are of commercial nature so they are revenue expenditure
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