https://www.taxtmi.com/caselaws?id=208261 The Appellate Tribunal upheld the decision of the Commissioner of Income-tax (Appeals) in treating the payment made by the assessee-company to another company as revenue expenditure. The Tribunal determined that the expenses were for advisory services to meet client requirements and did not result in the creation of any enduring asset. As the payment was directly related to services essential for the business operations, it was considered revenue expenditure, leading to the dismissal of the Revenue's appeal. en-us Mon, 31 May 2010 00:00:00 +0530 Sat, 01 Jun 2013 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208261 The Appellate Tribunal upheld the decision of the Commissioner of Income-tax (Appeals) in treating the payment made by the assessee-company to another company as revenue expenditure. The Tribunal determined that the expenses were for advisory services to meet client requirements and did not result in the creation of any enduring asset. As the payment was directly related to services essential for the business operations, it was considered revenue expenditure, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Mon, 31 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208261