https://www.taxtmi.com/caselaws?id=20927 The High Court ruled in favor of the Revenue, denying the deduction of capital expenditure on filing fees for increasing authorized capital and surtax liability as revenue expenditure. Citing precedents, the court highlighted conflicting judicial opinions on the capital expenditure issue and granted a certificate for appeal to the Supreme Court solely on this matter. No costs were awarded in the case. en-us Mon, 07 Sep 1992 00:00:00 +0530 Wed, 18 Nov 2009 11:20:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20927 The High Court ruled in favor of the Revenue, denying the deduction of capital expenditure on filing fees for increasing authorized capital and surtax liability as revenue expenditure. Citing precedents, the court highlighted conflicting judicial opinions on the capital expenditure issue and granted a certificate for appeal to the Supreme Court solely on this matter. No costs were awarded in the case. Case-Laws Income Tax Mon, 07 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20927