https://www.taxtmi.com/caselaws?id=8285 Delhi HC treated expenditure on a foreign study-cum-lecture tour connected with a medical practice as revenue expenditure, because it was laid out wholly and exclusively for professional purposes and did not become capital merely because it improved the assessee's knowledge or standing. The Court also treated a one-time receipt from permitting use of a flat on a caretaker basis during absence as a casual and non-recurring receipt, since it arose from an isolated arrangement and was not part of any regular income source; both amounts were held in favour of the assessee. en-us Thu, 11 Mar 1971 00:00:00 +0530 Thu, 09 Apr 2009 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8285 Delhi HC treated expenditure on a foreign study-cum-lecture tour connected with a medical practice as revenue expenditure, because it was laid out wholly and exclusively for professional purposes and did not become capital merely because it improved the assessee's knowledge or standing. The Court also treated a one-time receipt from permitting use of a flat on a caretaker basis during absence as a casual and non-recurring receipt, since it arose from an isolated arrangement and was not part of any regular income source; both amounts were held in favour of the assessee. Case-Laws Income Tax Thu, 11 Mar 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8285