Whether the expenditure is capital or revenue in nature cannot form the subject matter of block assessment

Whether the expenditure is capital or revenue in nature cannot form the subject matter of block assessment Posted: 03 Dec 2011 06:18 PM PST CIT Vs. East India Syntex Limited (Delhi High Court)- It is not in dispute that the entries were made contemporaneously when the expenditure was incurred between September, 1997 and December 1997. Therefore, though the search was in September,... [[ This is a content summary only. Visit www.taxguru.in for full article. ]] Memorandum of Understanding between ICAI and University of Madras Posted: 03 Dec 2011 03:41 AM PST It gives me immense pleasure to inform you that for the first time in India, two pioneers of Commerce and Accountancy education namely the Institute of Chartered Accountants of India (ICAI) and University of Madras have joined hands by entering into... [[ This is a content summary only. Visit www.taxguru.in for full article. ]]