https://www.taxtmi.com/caselaws?id=13429 The HC dismissed the Revenue's appeals, affirming the ITAT's decision to allow deductions for the premium payable on actual redemption of debentures and the expenditure incurred for their issuance. The court held that these deductions should be spread over the debentures' period, aligning with established legal principles and case law. en-us Wed, 22 Feb 2006 00:00:00 +0530 Wed, 27 Mar 2024 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13429 The HC dismissed the Revenue's appeals, affirming the ITAT's decision to allow deductions for the premium payable on actual redemption of debentures and the expenditure incurred for their issuance. The court held that these deductions should be spread over the debentures' period, aligning with established legal principles and case law. Case-Laws Income Tax Wed, 22 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13429