https://www.taxtmi.com/caselaws?id=187921 The Tribunal upheld the allowance of share issue expenses under Section 35D for the assessment year 2000-01, ruling that once a claim is granted, it cannot be withdrawn in later years. The department's acceptance of the initial decision precluded them from challenging it in subsequent years. Consequently, the appeals for the assessment years 2002-03 to 2004-05 were dismissed, affirming the eligibility of deduction for share issue expenses under Section 35D for all relevant assessment years. en-us Thu, 17 Jan 2013 00:00:00 +0530 Fri, 11 Nov 2016 12:16:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187921 The Tribunal upheld the allowance of share issue expenses under Section 35D for the assessment year 2000-01, ruling that once a claim is granted, it cannot be withdrawn in later years. The department's acceptance of the initial decision precluded them from challenging it in subsequent years. Consequently, the appeals for the assessment years 2002-03 to 2004-05 were dismissed, affirming the eligibility of deduction for share issue expenses under Section 35D for all relevant assessment years. Case-Laws Income Tax Thu, 17 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187921