Payments Made To SIPCOT For Common Infrastructure Can’t Be Treated As Depreciable Assets: Madras HC

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Payments Made To SIPCOT For Common Infrastructure Can’t Be Treated As Depreciable Assets: Madras HC

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Published on

12/11/2025

By Mariya Paliwala

Payments Made To SIPCOT For Common Infrastructure Can’t Be Treated As Depreciable Assets: Madras HC

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The Madras High Court has held that payments made to (SIPCOT) for common infrastructure cannot be treated as depreciable assets but may be claimed as revenue expenditure over time. The bench of Chief Justice Manindra Mohan Shrivastava and Justice G. Arul Muruga has partly allowed a series of tax appeals filed by M/s Hinduja Foundries…

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Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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Payments Made To SIPCOT For Common Infrastructure Can’t Be Treated As Depreciable Assets: Madras HC

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