Expenditure on advertisement and brand promotion allowed in the year in which incurred wholly and exclusively for the purposes of…
Loan pre-payment premium/charges paid for reducing interest liability not result in acquisition of any asset and not a capital but…
Amount forfeited on default of installment for purchase of property was capital in nature as the amount was fixed irrespective…
Software expenses on Global Dealers Management System of Hyundai motor held to be revenue in nature as it was a…
Expenditure on glow sign boards was revenue in nature as it did not bring into existence any asset or advantage…
Encashment of bank guarantee as performance security in BoT Project was revenue expenditure. If property constructed not owned by the…
Compensation received by builder for default in agreement to sell land by seller held as capital receipt as the land…
Membership Fee paid to Stock Exchange is Capital Expenditure applying "enduring benefit" and “once and for all” payment test-High Court…
Legal expenses to defend writ filed to quash mining lease of the company are revenue expenditure not capital expenditure and…
Sales tax allowed to be retained for production in backward area held revenue receipt in the absence of any condition…