https://www.taxtmi.com/caselaws?id=30661 HC held that expenditure on developing a website is of revenue, not capital, nature. Applying Supreme Court principles, the court found that enduring benefit alone does not make an expense capital; what matters is intent and whether fixed capital is augmented. A website does not create a fixed asset but serves to disseminate information much like printed brochures; it enhances publicity and efficiency without accreting to fixed capital. The Tribunal's conclusion that the expenditure is revenue in nature was upheld. en-us Fri, 05 Sep 2008 00:00:00 +0530 Mon, 13 Apr 2026 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30661 HC held that expenditure on developing a website is of revenue, not capital, nature. Applying Supreme Court principles, the court found that enduring benefit alone does not make an expense capital; what matters is intent and whether fixed capital is augmented. A website does not create a fixed asset but serves to disseminate information much like printed brochures; it enhances publicity and efficiency without accreting to fixed capital. The Tribunal's conclusion that the expenditure is revenue in nature was upheld. Case-Laws Income Tax Fri, 05 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30661