Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1991 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1991 (9) TMI 43 - ALLAHABAD HIGH COURTExtract: ....... nature of capital expenditure as contended by learned standing counsel. We, therefore, answer the question referred to us by holding that the expenditure in question was revenue in nature and not a capital expenditure, i.e., to say in favour of the assessee and against the Department with costs of Rs. 300 payable by the Department to the assessee.
|