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Expenditure on website is revenue in nature and is allowable
Case Law Details
- Case Name
- Pr. Commissioner of Income Tax Vs Zydus Wellness Limited (Gujarat High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2009-10
- Courts
- All High Courts, Gujarat High Court
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1. Now, so far as proposed question No. D is concerned, the same relates to the dis allowance of Rs. 53,25,263/regarding web designing charges, trade mark expenses and survey expenses claimed by the assessee. The AO disallowed the said expenditure by treating the same as capital expenditure. On an appeal, learned CIT(A) relying upon the decision of the Delhi High Court in the case of CIT vs. Indian Visit Com Pvt Ltd (176 Taxman 164) held that in case of expenditure on website, there is no change in the fixed assets of the assessee and no asset has been created but it is a tool for facilitatin...
