https://www.taxtmi.com/highlights?id=21923 The amounts which were paid by the assessee for the purpose of purchase of its shares, to its shareholder for subsequent cancellation was an expenditure incurred only to enable smooth running of the business - held as revenue expenditure - HC en-us Tue, 24 Feb 2015 06:58:06 +0530 Tue, 24 Feb 2015 06:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=21923 The amounts which were paid by the assessee for the purpose of purchase of its shares, to its shareholder for subsequent cancellation was an expenditure incurred only to enable smooth running of the business - held as revenue expenditure - HC Highlights Income Tax Tue, 24 Feb 2015 06:58:06 +0530 https://www.taxtmi.com/highlights?id=21923