https://www.taxtmi.com/highlights?id=35107 Custom duty paid on purchase of plant and machinery - capital or revenue expenditure - assessee has converted its unit from 100% EOU under EPCG Scheme to DTA Unit and would sell goods in domestic market so this amount was paid for the more profitable business - allowed as revenue expenditure - HC en-us Fri, 02 Jun 2017 11:40:04 +0530 Fri, 02 Jun 2017 11:40:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=35107 Custom duty paid on purchase of plant and machinery - capital or revenue expenditure - assessee has converted its unit from 100% EOU under EPCG Scheme to DTA Unit and would sell goods in domestic market so this amount was paid for the more profitable business - allowed as revenue expenditure - HC Highlights Income Tax Fri, 02 Jun 2017 11:40:04 +0530 https://www.taxtmi.com/highlights?id=35107