https://www.taxtmi.com/caselaws?id=241547 The High Court upheld the Tribunal's decisions in favor of the assessee on all issues involved: disallowance of interest on borrowed capital for Project Work-in-Progress, addition of preliminary expenses under Section 35-D, disallowance of deferred revenue expenditure, and admissibility of debenture transfer fee, upfront fee, and processing fee under Section 36 (i) (ii) of the IT Act. The Court dismissed the Income Tax Appeal, affirming the Tribunal's rulings in favor of the assessee. en-us Wed, 20 Nov 2013 00:00:00 +0530 Thu, 26 Dec 2013 08:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241547 The High Court upheld the Tribunal's decisions in favor of the assessee on all issues involved: disallowance of interest on borrowed capital for Project Work-in-Progress, addition of preliminary expenses under Section 35-D, disallowance of deferred revenue expenditure, and admissibility of debenture transfer fee, upfront fee, and processing fee under Section 36 (i) (ii) of the IT Act. The Court dismissed the Income Tax Appeal, affirming the Tribunal's rulings in favor of the assessee. Case-Laws Income Tax Wed, 20 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241547