https://www.taxtmi.com/highlights?id=42215 Disallowing expenditure on account of contribution to cricket academy by holding it as capital expenditure - nature of expenditure - it is clear that the terms of contract, the expenditure are directly related to business interest of the assessee. - Allowed as revenue expenditure. en-us Tue, 23 Oct 2018 06:51:18 +0530 Tue, 23 Oct 2018 06:51:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42215 Disallowing expenditure on account of contribution to cricket academy by holding it as capital expenditure - nature of expenditure - it is clear that the terms of contract, the expenditure are directly related to business interest of the assessee. - Allowed as revenue expenditure. Highlights Income Tax Tue, 23 Oct 2018 06:51:18 +0530 https://www.taxtmi.com/highlights?id=42215