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The Acit, Circle-5,, Ahmedabad vs M/S. Rosebys Interiors India Ltd.,, ... on 4 November, 2022 cites

Alembic Chemical Works Co. Ltd vs Commissioner Of Income Tax, Gujarat on 31 March, 1989

"The assesses carried the matter further in appeal before the Tribunal and succeeded. The Tribunal held that making of accounting entries in the books of account was not determinative of the character and/or nature of the claim. That the expenditure in question did not bring into existence any tangible asset and merely because the expenditure may bring some benefit of an enduring nature to the assessee, that factor alone was not sufficient to treat the expenditure as capital expenditure. The Tribunal has relied on the two apex court decisions in the case of Empire Jute Co. Ltd. v. CITfigSo] 124ITR i and Alembic Chemical Works Co. Ltd. v. CIT [1989] 177 ITR 377.
Supreme Court of India Cites 7 - Cited by 399 - R S Pathak - Full Document

Deputy Commissioner Of Income-Tax vs Core Healthcare Ltd. on 25 April, 2001

7.1 In the case of Dy. CIT v. Core Healthcare Ltd. [2009] 308ITR 263 (Guj.), the claim of the assessee for deduction of advertisement expenses had been rejected by treating the expenditure in question as capital expenditure on the ground that it was a special advertisement campaign launched by the assessee-company for creating a corporate image of the I.T.A. No. 1047/Ahd/2015 A.Y. 2009-10 Page No. 11 ACIT vs. M/s. Rosebys Interiors India Ltd.
Gujarat High Court Cites 36 - Cited by 52 - Full Document
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