https://www.taxtmi.com/caselaws?id=37917 Expenditure on erecting a garden gate and installing a statue of the company's founder-director was held not to be deductible as revenue expenditure, because it was not shown to be directed to business promotion and any goodwill benefit was enduring, placing the outlay on capital account. The same expenditure was also held outside section 80G, because that provision applies only to qualifying donations made to a local authority for charitable purposes, and no eligible monetary donation was shown. Both issues were decided against the assessee and in favour of the Revenue. en-us Wed, 11 Jan 1978 00:00:00 +0530 Thu, 01 Apr 2010 17:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37917 Expenditure on erecting a garden gate and installing a statue of the company's founder-director was held not to be deductible as revenue expenditure, because it was not shown to be directed to business promotion and any goodwill benefit was enduring, placing the outlay on capital account. The same expenditure was also held outside section 80G, because that provision applies only to qualifying donations made to a local authority for charitable purposes, and no eligible monetary donation was shown. Both issues were decided against the assessee and in favour of the Revenue. Case-Laws Income Tax Wed, 11 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37917