Sunday, March 27, 2011

DT Recent Case Laws - CIT v.Hindustan Zinc Ltd 2010(Raj.)

CIT v.Hindustan Zinc Ltd 2010(Raj.)
Assessee incurred exp for alteration of dam(constructed by State Govt)to ensure sharing of water(required in large quantity)with S.Govt. without hving right or ownership in dam/water.Its an OPERATIONAL exp &REVENUE in nature

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