2024 (9) TMI 224

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..... RT] expenditure is not in the nature of capital expenditure - expenditure is laid out or expended wholly and exclusively for the purposes of the business or profession. Deduction qua the expenditure incurred is not of the nature as specified u/s 30 to 36 of the Act. Insofar as the third criterion is concerned, there is no dispute, that the expenditure claimed does not fall under any of the section .....

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..... katraman, A.S.G. Mr. Raj Bahadur Yadav, AOR Mr. Shyam Gopal, Adv. Mr. Chinmayee Chandra, Adv. Mr. Bhuvan Mishra, Adv. Mr. Sughosh Subramanium, Adv. Mr. Siddhant Kohli, Adv. Mr. Aaditya Shankar Dixit, Adv. Mr. Prashant Singh Ii, Adv. For the Respondent : Mr. Rupesh Kumar, Sr. Adv. Ms. Pankhuri Shrivastava, Adv. Ms. Neelam Sharma, AOR ORDER UPON hearing the counsel the Court made the following. 1. W .....

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