https://www.taxtmi.com/highlights?id=19658 Nature of franchise expenses – it was not an expenditure incurred for acquisition of source of profit, but enabled the assessee to run the business profitably - held as revenue expenditure - HC en-us Tue, 12 Aug 2014 15:49:20 +0530 Tue, 12 Aug 2014 15:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=19658 Nature of franchise expenses – it was not an expenditure incurred for acquisition of source of profit, but enabled the assessee to run the business profitably - held as revenue expenditure - HC Highlights Income Tax Tue, 12 Aug 2014 15:49:20 +0530 https://www.taxtmi.com/highlights?id=19658