https://www.taxtmi.com/caselaws?id=208884 The High Court upheld the ITAT's decision to disallow the deferred revenue expenditure claim, emphasizing that such expenditure must be claimed in the year it is incurred. However, the Court allowed the appellant to approach the Assessing Officer to claim the entire interest expenditure in the assessment year 2003-04. The appeals were disposed of accordingly. en-us Fri, 30 Sep 2011 00:00:00 +0530 Tue, 07 Feb 2012 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208884 The High Court upheld the ITAT's decision to disallow the deferred revenue expenditure claim, emphasizing that such expenditure must be claimed in the year it is incurred. However, the Court allowed the appellant to approach the Assessing Officer to claim the entire interest expenditure in the assessment year 2003-04. The appeals were disposed of accordingly. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208884