1998 (5) TMI 9 - SCH - Income Tax

Allowability of payments by an assessee made towards Trade Mark and Goodwill - Capital or Revenue Expenditure - it is a question of law - High Court should call for a reference

Summary

The Supreme Court allowed the appeal, set aside the order, and directed the Tribunal to refer a question regarding revenue expenditure on trade mark and goodwill to the High Court for decision.