mention that Their Lordships in the said case of Tata Locomotive & Engg. Co. Ltd. (supra), relied on i.e. the well known case of Ajay ... Bombay High Court in case of Tata Locomotive & Engg. Co. Ltd. (supra). In Ashok Motors Ltd. 's case (supra), their Lordships of Madras
disallowed the sum of
`37,67,394/- in respect of abandonment of theme amusement park
treating as a capital expenditure. He submitted that the nature ... estate had
applied for allotment of land from Noida authorities for the theme
amusement and entertainment park project. He had also given the
deposit
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