https://www.taxtmi.com/caselaws?id=242614 The Tribunal allowed the assessee's appeal in ITA No. 518/Mds/2010, holding that expenses on interior decoration, extension, and renovation were revenue in nature. The Tribunal directed the grant of revenue expenditure treatment, overturning the CIT(A) and Assessing Officer's decisions. In ITA No. 710/Mds/2010, the Tribunal dismissed the Revenue's appeal against the deletion of prior period expenses for book profit computation. Additionally, in ITA No. 519/Mds/2010, the Tribunal ruled in favor of the assessee, exempting LTA benefits from Fringe Benefit Tax. Judgments were pronounced on 07/1/2011. en-us Fri, 07 Jan 2011 00:00:00 +0530 Sun, 19 Jan 2014 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242614 The Tribunal allowed the assessee's appeal in ITA No. 518/Mds/2010, holding that expenses on interior decoration, extension, and renovation were revenue in nature. The Tribunal directed the grant of revenue expenditure treatment, overturning the CIT(A) and Assessing Officer's decisions. In ITA No. 710/Mds/2010, the Tribunal dismissed the Revenue's appeal against the deletion of prior period expenses for book profit computation. Additionally, in ITA No. 519/Mds/2010, the Tribunal ruled in favor of the assessee, exempting LTA benefits from Fringe Benefit Tax. Judgments were pronounced on 07/1/2011. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242614