https://www.taxtmi.com/highlights?id=30502 Nature of expenditure - revenue or capital - In order to carry on their business, they were in need of herbal coleus plants. they thought of roping the farmers for growing said herbal plant. They provided seedlings, fertiliser and financial assistance to the farmers with an agreement to deduct the expenses out of the cost of the plaint sold by the farmers. But, even the farmers could not grow the said herbal plant - Expenditure allowed as revenue in nature - HC en-us Wed, 27 Jul 2016 12:34:20 +0530 Wed, 27 Jul 2016 12:34:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30502 Nature of expenditure - revenue or capital - In order to carry on their business, they were in need of herbal coleus plants. they thought of roping the farmers for growing said herbal plant. They provided seedlings, fertiliser and financial assistance to the farmers with an agreement to deduct the expenses out of the cost of the plaint sold by the farmers. But, even the farmers could not grow the said herbal plant - Expenditure allowed as revenue in nature - HC Highlights Income Tax Wed, 27 Jul 2016 12:34:20 +0530 https://www.taxtmi.com/highlights?id=30502