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1996 (2) TMI 88 - MADHYA PRADESH HIGH COURT
Extract:
.......xpenditure incurred by the assessee cannot be taken to be a revenue expenditure, but it is for the purpose of outbidding the competitor and it should be treated a capital expenditure. In this view of the matter, the view taken by the Tribunal appears to be justified. Hence, we answer this reference against the assessee and in favour of the Revenue.