https://www.taxtmi.com/caselaws?id=177762 The High Court of Bombay upheld the decision of the ITAT, ruling in favor of the assessee that the expenditure of Rs. 1.45 crores was allowable as revenue expenditure for the assessment year AY 2000-01. The Court found that the expenses were directly related to office operations and business activities, supporting the ITAT's conclusion. The appeal by the revenue was dismissed, with no order as to costs. en-us Mon, 26 Sep 2011 00:00:00 +0530 Fri, 22 Sep 2017 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177762 The High Court of Bombay upheld the decision of the ITAT, ruling in favor of the assessee that the expenditure of Rs. 1.45 crores was allowable as revenue expenditure for the assessment year AY 2000-01. The Court found that the expenses were directly related to office operations and business activities, supporting the ITAT's conclusion. The appeal by the revenue was dismissed, with no order as to costs. Case-Laws Income Tax Mon, 26 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177762