https://www.taxtmi.com/caselaws?id=271719 The ITAT Delhi dismissed the revenue's appeal, affirming the CIT(A)'s decisions on both issues. The additions on account of processing and consortium fee paid to the bank and stamp duty charges for debenture certificates were deleted. The ITAT emphasized the distinction between capital and revenue expenditures based on legal precedents, upholding the deductibility of the expenses incurred by the assessee company. en-us Tue, 12 Jan 2016 00:00:00 +0530 Mon, 15 Feb 2016 00:45:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271719 The ITAT Delhi dismissed the revenue's appeal, affirming the CIT(A)'s decisions on both issues. The additions on account of processing and consortium fee paid to the bank and stamp duty charges for debenture certificates were deleted. The ITAT emphasized the distinction between capital and revenue expenditures based on legal precedents, upholding the deductibility of the expenses incurred by the assessee company. Case-Laws Income Tax Tue, 12 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271719