https://www.taxtmi.com/highlights?id=59139 Nature of expenses - technology recharge cost - If the advantage consists merely in facilitating the assessee's trading operations or enabling the management and conduct of the assessee's business to be carried on more effectively or more profitably while leaving the fixed capital untouched, the expenditure would be on revenue account, even though the advantage may endure for an indefinite future - AT en-us Tue, 10 Aug 2021 08:56:53 +0530 Tue, 10 Aug 2021 08:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59139 Nature of expenses - technology recharge cost - If the advantage consists merely in facilitating the assessee's trading operations or enabling the management and conduct of the assessee's business to be carried on more effectively or more profitably while leaving the fixed capital untouched, the expenditure would be on revenue account, even though the advantage may endure for an indefinite future - AT Highlights Income Tax Tue, 10 Aug 2021 08:56:53 +0530 https://www.taxtmi.com/highlights?id=59139