https://www.taxtmi.com/caselaws?id=280123 The ITAT partly allowed the appeals, directing the AO to re-examine and verify additional evidence for depreciation on preoperative expenses, and to allow the entire expenditure on various fees and upfront fee in the year they were claimed. The issue of loose tools expenditure was also remanded back to the AO for re-examination. The general grounds raised were dismissed as they were deemed general in nature and did not require adjudication. en-us Mon, 19 Nov 2018 00:00:00 +0530 Mon, 22 Apr 2019 07:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280123 The ITAT partly allowed the appeals, directing the AO to re-examine and verify additional evidence for depreciation on preoperative expenses, and to allow the entire expenditure on various fees and upfront fee in the year they were claimed. The issue of loose tools expenditure was also remanded back to the AO for re-examination. The general grounds raised were dismissed as they were deemed general in nature and did not require adjudication. Case-Laws Income Tax Mon, 19 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280123