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2010 (12) TMI 735 - HC - Income TaxExpenditure incurred for development of new models and samples - Revenue or Capital expenditure - Samples were prepared for getting orders from various companies, like, Mahindera and Mahindera, Bolero, Scorpio and Tata Indica - The assessee had sent the samples for approval and after having received the consent from said companies, production was carried out - The expenditure which was incurred on the samples and casting could not be held to be capital in nature - Hence, the substantial question is decided against the Revenue and in favour of the assessee - The appeal is accordingly dismissed.
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