https://www.taxtmi.com/caselaws?id=178168 The High Court held that the advertisement and publicity expenditure incurred by the assessee should be treated as revenue expenditure and fully allowable for Assessment Year 2005-06. The Court rejected the concept of deferred revenue expenditure and referred to previous decisions to support its conclusion. The Court found no substantial question of law in the appeal and dismissed it, affirming the decision of the Tribunal and CIT(A). en-us Mon, 18 Jul 2011 00:00:00 +0530 Fri, 29 Jan 2016 12:52:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178168 The High Court held that the advertisement and publicity expenditure incurred by the assessee should be treated as revenue expenditure and fully allowable for Assessment Year 2005-06. The Court rejected the concept of deferred revenue expenditure and referred to previous decisions to support its conclusion. The Court found no substantial question of law in the appeal and dismissed it, affirming the decision of the Tribunal and CIT(A). Case-Laws Income Tax Mon, 18 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178168