https://www.taxtmi.com/caselaws?id=20799 The High Court affirmed the Tribunal's decision, ruling that the payment of Rs. 10 lakhs to OSCL and the litigation expenses of Rs. 1,05,019 were capital expenditures and not admissible as revenue expenditures. The court held in favor of the Revenue, concluding that both expenses were capital in nature due to their direct relation to the title of the business assets. en-us Mon, 18 Mar 1991 00:00:00 +0530 Tue, 17 Nov 2009 12:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20799 The High Court affirmed the Tribunal's decision, ruling that the payment of Rs. 10 lakhs to OSCL and the litigation expenses of Rs. 1,05,019 were capital expenditures and not admissible as revenue expenditures. The court held in favor of the Revenue, concluding that both expenses were capital in nature due to their direct relation to the title of the business assets. Case-Laws Income Tax Mon, 18 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20799