Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2000 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2000 (11) TMI 67 - DELHI HIGH COURTExtract: .......utright basis that was intimately linked with the value of the asset. That determines the character of the expenditure and it was capital in nature the Tribunal was not justified in holding, otherwise. Our answer to the question referred therefore, is in the negative, in favour of the Revenue and against the assessee. This reference is disposed of.
|