https://www.taxtmi.com/caselaws?id=185323 The department's appeal against the decision of Ld. CIT(A)-3, Mumbai, regarding the treatment of the cost of abandoned film as revenue expenditure for the assessment year 2005-06 was dismissed by the Tribunal. The Tribunal upheld Ld. CIT(A)'s decision to allow the cost of abandoned film as revenue expenditure, citing precedents from previous Tribunal decisions and the Hon'ble Jurisdictional High Court. The department's appeal was rejected, affirming the allowance of the cost of abandoned film as revenue expenditure for the assessee. en-us Fri, 07 Sep 2012 00:00:00 +0530 Tue, 09 Aug 2016 18:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185323 The department's appeal against the decision of Ld. CIT(A)-3, Mumbai, regarding the treatment of the cost of abandoned film as revenue expenditure for the assessment year 2005-06 was dismissed by the Tribunal. The Tribunal upheld Ld. CIT(A)'s decision to allow the cost of abandoned film as revenue expenditure, citing precedents from previous Tribunal decisions and the Hon'ble Jurisdictional High Court. The department's appeal was rejected, affirming the allowance of the cost of abandoned film as revenue expenditure for the assessee. Case-Laws Income Tax Fri, 07 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185323