2008 (8) TMI 138 - DELHI HIGH COURT

Advertisement expenditure for launching of products – held that there was a direct nexus between the advertising expenditure and the business of the assessee and that unless the assessee made its products known to the market, its business would suffer, therefore, entire expenditure on advertising to be of a revenue nature – whether unutilized DEPB credit is allowable, whether professional fee for human resource engineering to be amortized are question of law, so appeal is admitted