Held that expenditure incurred in nature of subscription of lease line on one-time payment for three years was revenue. (AY. 2010-11)
Goa Tourism Development Corporation Ltd. v. ACIT (2022) 195 ITD 406 (Panaji)(Trib.)
S. 37(1) : Business expenditure-Subscription of lease line on one-time payment for three years-Allowable as revenue expenditure.