https://www.taxtmi.com/caselaws?id=62888 The Tribunal upheld the Income-tax authorities' decision, ruling against the appellant and determining the expenditure of Rs. 11,310 as non-business expenditure. The judgment emphasizes the distinction between revenue and capital expenditure in the context of expenses related to the issue of additional equity shares, highlighting the importance of judicial precedents in such matters. en-us Thu, 14 May 1992 00:00:00 +0530 Sat, 22 Jan 2011 14:19:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62888 The Tribunal upheld the Income-tax authorities' decision, ruling against the appellant and determining the expenditure of Rs. 11,310 as non-business expenditure. The judgment emphasizes the distinction between revenue and capital expenditure in the context of expenses related to the issue of additional equity shares, highlighting the importance of judicial precedents in such matters. Case-Laws Income Tax Thu, 14 May 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62888