appeal by special leave from the judgment and order dated 3 8 1973 of the calcutta high companyrt in income tax reference number 109 of 1968.
civil appellate jurisdiction civil appeal number 1 197 nt of 1974.
pal t. a. ramachandran d. n. gupta for the appellant.
1375 the judgment of the companyrt was delivered by bhagwati j. this appeal by special leave raises the vexed question whether a particular expenditure incurred by the assessee is of capital or revenue nature.
t. desai b. b. ahuja miss a. subhashini for the respondent.
