https://www.taxtmi.com/highlights?id=37295 Mere entry in the books of accounts and classifying the said payment as capital, i.e., it has been capitalised in the books will not at all be determinative as it has to be seen on the facts whether such a payment or expenditure falls in the capital filed or revenue field. - AT en-us Mon, 25 Dec 2017 08:50:11 +0530 Mon, 25 Dec 2017 08:50:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37295 Mere entry in the books of accounts and classifying the said payment as capital, i.e., it has been capitalised in the books will not at all be determinative as it has to be seen on the facts whether such a payment or expenditure falls in the capital filed or revenue field. - AT Highlights Income Tax Mon, 25 Dec 2017 08:50:11 +0530 https://www.taxtmi.com/highlights?id=37295