https://www.taxtmi.com/caselaws?id=62829 The Tribunal upheld the CIT (Appeals)'s decision to treat the Rs. 2 lakhs expenditure as revenue expenditure, dismissing the Revenue's appeal. The cross-objection filed by the assessee was deemed redundant and dismissed as infructuous. The Tribunal also did not entertain a modified cross-objection raised by the assessee as it was filed after the prescribed limitation period. en-us Thu, 23 Jul 1987 00:00:00 +0530 Sat, 22 Jan 2011 11:26:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62829 The Tribunal upheld the CIT (Appeals)'s decision to treat the Rs. 2 lakhs expenditure as revenue expenditure, dismissing the Revenue's appeal. The cross-objection filed by the assessee was deemed redundant and dismissed as infructuous. The Tribunal also did not entertain a modified cross-objection raised by the assessee as it was filed after the prescribed limitation period. Case-Laws Income Tax Thu, 23 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62829