https://www.taxtmi.com/highlights?id=30281 Genuineness of expenditure - The assessee has neither demonstrated the necessity to incur this expenditure to establish bonafide nor has demonstrated the actual expenditure incurred. Notwithstanding, the aforesaid claim in the nature of revenue expenditure when the project itself has apparently not commenced cannot be approved - AT en-us Wed, 13 Jul 2016 13:00:16 +0530 Wed, 13 Jul 2016 13:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30281 Genuineness of expenditure - The assessee has neither demonstrated the necessity to incur this expenditure to establish bonafide nor has demonstrated the actual expenditure incurred. Notwithstanding, the aforesaid claim in the nature of revenue expenditure when the project itself has apparently not commenced cannot be approved - AT Highlights Income Tax Wed, 13 Jul 2016 13:00:16 +0530 https://www.taxtmi.com/highlights?id=30281