https://www.taxtmi.com/caselaws?id=177947 The Tribunal upheld the decision of the Ld. CIT(A), ruling in favor of the assessee in the case involving the disallowance of expenses claimed under Section 40(a)(ia) of the Act for the assessment year 2005-06. The Revenue's appeal was dismissed as the expenses in question were not claimed in the profit and loss account but were capitalized as preoperative expenses, making the disallowance under Section 40(a)(ia) not applicable. en-us Fri, 06 May 2011 00:00:00 +0530 Fri, 22 Jan 2016 15:01:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177947 The Tribunal upheld the decision of the Ld. CIT(A), ruling in favor of the assessee in the case involving the disallowance of expenses claimed under Section 40(a)(ia) of the Act for the assessment year 2005-06. The Revenue's appeal was dismissed as the expenses in question were not claimed in the profit and loss account but were capitalized as preoperative expenses, making the disallowance under Section 40(a)(ia) not applicable. Case-Laws Income Tax Fri, 06 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177947