https://www.taxtmi.com/caselaws?id=180135 The appeal against the addition under sec.145A was not pressed and dismissed. Regarding the disallowance of pre-operative/capital expenditure, the Tribunal ruled in favor of the assessee. It held that expenses related to the expansion of the same business are allowable as revenue expenditure, overturning the lower authorities' decision. The expenses claimed as revenue were deemed justified, and the appeal was allowed in part, directing the AO to accept them as revenue in nature. en-us Thu, 11 Feb 2010 00:00:00 +0530 Thu, 17 Mar 2016 15:52:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180135 The appeal against the addition under sec.145A was not pressed and dismissed. Regarding the disallowance of pre-operative/capital expenditure, the Tribunal ruled in favor of the assessee. It held that expenses related to the expansion of the same business are allowable as revenue expenditure, overturning the lower authorities' decision. The expenses claimed as revenue were deemed justified, and the appeal was allowed in part, directing the AO to accept them as revenue in nature. Case-Laws Income Tax Thu, 11 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180135