https://www.taxtmi.com/caselaws?id=242733 The Tribunal ruled in favor of the assessee, allowing the cost of erecting barricades and maintenance as a legitimate expense directly related to earning advertisement income. The Tribunal held that the barricades were essential for generating the advertisement revenue and should not be categorized as pre-operative expenditure. Therefore, the expenses incurred on the barricades were deemed allowable against the advertisement income, overturning the disallowance by the Assessing Officer and the CIT(Appeals). en-us Thu, 18 Jul 2013 00:00:00 +0530 Sun, 19 Jan 2014 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242733 The Tribunal ruled in favor of the assessee, allowing the cost of erecting barricades and maintenance as a legitimate expense directly related to earning advertisement income. The Tribunal held that the barricades were essential for generating the advertisement revenue and should not be categorized as pre-operative expenditure. Therefore, the expenses incurred on the barricades were deemed allowable against the advertisement income, overturning the disallowance by the Assessing Officer and the CIT(Appeals). Case-Laws Income Tax Thu, 18 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242733