TAXAP/1785/2008

NEUTRAL CITATION C/TAXAP/1785/2008 JUDGMENT DATED: 07/01/2026 2026:GUJHC:1950-DB IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 1785 of 2008 FOR APPROVAL AND SIGNATURE: HONOURABLE MR. JUSTICE A.S. SUPEHIA Sd/- and HONOURABLE MR. JUSTICE PRANAV TRIVEDI Sd/- ============================================= Approved for Reporting Yes No ✔ ============================================= DY CIT - C C - 1 BARODA Versus RINKI PETROCHEMICALS & IND LTD ============================================= Appearance: MR RUTVIJ R PATEL(10615) for the Appellant(s) No. 1 MR MANISH J SHAH(1320) for the Opponent(s) No. 1 ============================================= CORAM:HONOURABLE MR. JUSTICE A.S. SUPEHIA and HONOURABLE MR. JUSTICE PRANAV TRIVEDI Date : 07/01/2026 ORAL JUDGMENT (PER : HONOURABLE MR. JUSTICE A.S. SUPEHIA) 1. While admitting the present appeal vide order dated 02.02.2010 passed by the Coordinate Bench of this Court, the following substantial question of law was framed. “Whether the ITAT was right in law and facts in holding that advertisement expenses are revenue expenses and not capital expenses though the assessee had treated and claimed the said expenditure of Rs.5,01,60,994/-