https://www.taxtmi.com/caselaws?id=206689 HC allowed the taxpayer's claims. Expenditure on advertisement and publicity held revenue in nature and fully deductible in the year incurred under s.37, since it met statutory tests. Stamp duty debited as agreement-stamping fee under rates and taxes was held not linked to any period and allowed as revenue expenditure in the year incurred. On leasehold improvements, the HC accepted the factual finding that part of the outlay was revenue in nature, permitting the assessee's treatment and related depreciation. All contested disallowances were decided in favor of the assessee. en-us Wed, 30 Mar 2011 00:00:00 +0530 Fri, 22 Aug 2025 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206689 HC allowed the taxpayer's claims. Expenditure on advertisement and publicity held revenue in nature and fully deductible in the year incurred under s.37, since it met statutory tests. Stamp duty debited as agreement-stamping fee under rates and taxes was held not linked to any period and allowed as revenue expenditure in the year incurred. On leasehold improvements, the HC accepted the factual finding that part of the outlay was revenue in nature, permitting the assessee's treatment and related depreciation. All contested disallowances were decided in favor of the assessee. Case-Laws Income Tax Wed, 30 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206689