https://www.taxtmi.com/highlights?id=34487 Prim-facie adjustment u/s 143(1) intimation - Expenditure on advertisement and public issue - Even though it is a debatable issue but as Gujarat High Court had taken a view that it is capital expenditure, and the registered office of the respondent assessee being in the State of Gujarat, the law laid down by the Gujarat High Court was binding. - SC en-us Sat, 22 Apr 2017 12:42:23 +0530 Sat, 22 Apr 2017 12:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34487 Prim-facie adjustment u/s 143(1) intimation - Expenditure on advertisement and public issue - Even though it is a debatable issue but as Gujarat High Court had taken a view that it is capital expenditure, and the registered office of the respondent assessee being in the State of Gujarat, the law laid down by the Gujarat High Court was binding. - SC Highlights Income Tax Sat, 22 Apr 2017 12:42:23 +0530 https://www.taxtmi.com/highlights?id=34487