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2016 (4) TMI 870 - AT - Income TaxNature of expenditure - expenditure on erection of police booths which is made of wood - revenue v/s capital expenditure - Held that:- Neither any new asset has come into existence nor the assessee has the ownership of the police booths so it should be treated as revenue expenditure. We are also putting our reliance on the decision of Hon'ble Supreme Court in the case of Madras Auto Services (P) Ltd. (1998 (8) TMI 1 - SUPREME Court ). - Decided in favour of assessee
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