https://www.taxtmi.com/caselaws?id=330365 The High Court dismissed the Department's appeal challenging the ITAT order on disallowance of preoperative expenses under section 36(1)(iii) for the assessment year 1995-96. Additionally, the High Court remitted questions regarding advertisement expenses, deduction under Section 35D, and deductions under Sections 80HH and 80I for fresh consideration. The judgment favored the assessee, leading to the dismissal of the appeal and a partial allowance of Civil Appeals, emphasizing the significance of legal interpretations and precedents in tax matters. en-us Wed, 13 Jul 2016 00:00:00 +0530 Sat, 23 Jul 2016 20:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330365 The High Court dismissed the Department's appeal challenging the ITAT order on disallowance of preoperative expenses under section 36(1)(iii) for the assessment year 1995-96. Additionally, the High Court remitted questions regarding advertisement expenses, deduction under Section 35D, and deductions under Sections 80HH and 80I for fresh consideration. The judgment favored the assessee, leading to the dismissal of the appeal and a partial allowance of Civil Appeals, emphasizing the significance of legal interpretations and precedents in tax matters. Case-Laws Income Tax Wed, 13 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330365