Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1959 (6) TMI 16 - HC - Income Tax
Extract:
.......and lasts an average life of three years. So far as the question is one of fact and degree, I think the special Commissioners must be taken to have held by implication that the expenditure here in question was capital expenditure, and I see no sufficient reason for differing from that view. I would accordingly dismiss this appeal. Appeal dismissed.