https://www.taxtmi.com/caselaws?id=119111 The Tribunal allowed the Euro Issue expenditure claimed by the assessee, considering it as incurred for industrial undertaking extension under section 35D of the Income-tax Act, 1961. Additionally, the Tribunal directed the Assessing Officer to recalculate the deduction related to share issues in accordance with statutory provisions. The appeal by the assessee was partially allowed, and the departmental appeal was decided in favor of the assessee, resulting in the dismissal of the Revenue's appeal. en-us Fri, 04 Feb 2005 00:00:00 +0530 Mon, 09 Jul 2012 10:58:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119111 The Tribunal allowed the Euro Issue expenditure claimed by the assessee, considering it as incurred for industrial undertaking extension under section 35D of the Income-tax Act, 1961. Additionally, the Tribunal directed the Assessing Officer to recalculate the deduction related to share issues in accordance with statutory provisions. The appeal by the assessee was partially allowed, and the departmental appeal was decided in favor of the assessee, resulting in the dismissal of the Revenue's appeal. Case-Laws Income Tax Fri, 04 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119111