https://www.taxtmi.com/caselaws?id=397823 The court upheld the capital expenditure classification for the development expenses incurred by the assessee for Sucralose, emphasizing the enduring benefits derived from the new product. The court's analysis aligned with legal principles dictating the treatment of expenditure based on its purpose and impact on the business, ultimately dismissing the appeal and ruling in favor of the revenue. en-us Mon, 24 Aug 2020 00:00:00 +0530 Tue, 27 Oct 2020 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397823 The court upheld the capital expenditure classification for the development expenses incurred by the assessee for Sucralose, emphasizing the enduring benefits derived from the new product. The court's analysis aligned with legal principles dictating the treatment of expenditure based on its purpose and impact on the business, ultimately dismissing the appeal and ruling in favor of the revenue. Case-Laws Income Tax Mon, 24 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397823