2010 (9) TMI 274

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..... more profitably while leaving the fixed capital untouched, the expenditure would be on revenue account, even though the advantage may endure for an indefinite future - matter requires consideration on the grounds raised in appeal - 238 of 2007 - - - Dated:- 20-9-2010 - Sunil Ambwani, Kashi Nath Pandey,JJ. We have heard Shri Shubham Agrawal, learned counsel for the assessee-appellant. Shri A .....

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..... be disallowable on an application of this test. If the advantage consists merely in facilitating the assessee's business to be carried on more effectively or more profitably while leaving the fixed capital untouched, the expenditure would be on revenue account, even though the advantage may endure for an indefinite future.", the matter requires consideration on the grounds raised in appeal. We .....

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