https://www.taxtmi.com/caselaws?id=459111 Expenditure incurred on issue of debentures was held not to be capital expenditure. The appeals raised an identical question to one previously decided in favour of the assessee, so the same conclusion was applied here. The issue was answered in the negative, in favour of the assessee and against the Revenue, and the Tribunal's contrary view was not sustained. en-us Thu, 10 Dec 2015 00:00:00 +0530 Sun, 01 Dec 2024 09:34:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459111 Expenditure incurred on issue of debentures was held not to be capital expenditure. The appeals raised an identical question to one previously decided in favour of the assessee, so the same conclusion was applied here. The issue was answered in the negative, in favour of the assessee and against the Revenue, and the Tribunal's contrary view was not sustained. Case-Laws Income Tax Thu, 10 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459111