2008 (9) TMI 1002

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Nazki And A. A. Kumbhakoni, JJ. Mkr. J. S. Saluja, for the Appellant. Mr. Pardiwala with Atul Jasnani, for the Respondent. PC :- 1. Present appeal is detached from Income Tax Ap .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the judgment, the Supreme Court held that, such an expenditure was allowable under Section 37(1) of the Income Tax Act and was not an expenditure of a capital nature. Therefore, following this jud .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X