TMI BlogExpenditureX X X X Extracts X X X X X X X X Extracts X X X X ..... "1. The act of expending ; disbursement; consumption. 2. that which is expended..." In Corpus Juris Secundum (Vol. 35), "expenditure" has been defined as follows : "In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me Court in the context of the Income-tax Act itself in Indian Molasses Co. P. Ltd. v. CIT - 1959 (5) TMI 5 - SUPREME COURT, where expenditure has been defined as follows (p. 78) : "'spendi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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