Tribunal held that deep excavation and road work relating to mining operation was held to be allowable as deduction. The Tribunal also held that , Miscellaneous capital expenditure was held to be not allowable . (AY.2009 -10)
ACIT v. Chambal Fertilisers And Chemicals Limited. (2018) 61 ITR 33 (Jaipur) (Trib)
S. 37(1) : Business expenditure – Deep excavation and road work related to mining operation was held to be allowable deduction. Miscellaneous capital expenditure was held to be not allowable .