https://www.taxtmi.com/caselaws?id=13261 The HC dismissed the appeal, concluding no substantial question of law existed. It upheld the Tribunal's classification of the upfront fee as revenue expenditure, not capital. The applicability of section 43B on excise duty and sales tax was remanded for evidence of payment. The disallowance of interest payment under section 43B was also remanded to verify the actual payment date. en-us Tue, 12 Sep 2006 00:00:00 +0530 Thu, 07 Mar 2024 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13261 The HC dismissed the appeal, concluding no substantial question of law existed. It upheld the Tribunal's classification of the upfront fee as revenue expenditure, not capital. The applicability of section 43B on excise duty and sales tax was remanded for evidence of payment. The disallowance of interest payment under section 43B was also remanded to verify the actual payment date. Case-Laws Income Tax Tue, 12 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13261