TMI Blog2001 (2) TMI 35X X X X Extracts X X X X X X X X Extracts X X X X ..... be regarded as capital or revenue. We are rather surprised that the Revenue should at all have taken the view that it amounts to capital expenditure. It is obvious that the expenditure incurred was in relation to the continuing business of the company which was to be henceforth carried on so far as the administrative control is concerned from Bangalore instead of Madurai. The fact that it was don ..... X X X X Extracts X X X X X X X X Extracts X X X X
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