https://www.taxtmi.com/caselaws?id=68841 The Tribunal upheld the disallowance of deferred revenue expenditure claimed by the assessee, confirming it as capital expenditure related to the public issue of shares. The Tribunal rejected the request for remand, emphasizing that it should only be granted in exceptional cases of grave errors or violations of natural justice. Remand was deemed unnecessary to rectify gaps in the case, with the Tribunal highlighting the potential for manipulation of evidence if granted. As a result, the appeal was dismissed for lacking merit. en-us Mon, 31 Aug 1998 00:00:00 +0530 Sat, 02 Apr 2011 10:30:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68841 The Tribunal upheld the disallowance of deferred revenue expenditure claimed by the assessee, confirming it as capital expenditure related to the public issue of shares. The Tribunal rejected the request for remand, emphasizing that it should only be granted in exceptional cases of grave errors or violations of natural justice. Remand was deemed unnecessary to rectify gaps in the case, with the Tribunal highlighting the potential for manipulation of evidence if granted. As a result, the appeal was dismissed for lacking merit. Case-Laws Income Tax Mon, 31 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68841