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2002 (12) TMI 644 - AT - Income Tax
Extract:
.......ost of each trolley was above ₹ 5,000/-. Considering this fact, in our opinion, the expenditure was capital expenditure and the same cannot be allowed as revenue expenditure. We, therefore, reverse the order of the CIT(A) on this point and allow Ground No. 15 of the revenue's appeal. 90. In the result, both the appeals are partly allowed.