https://www.taxtmi.com/caselaws?id=386351 The appeal against the ITAT's order was dismissed, affirming the classification of preoperative expenses as revenue expenditure for the assessee setting up new stores. The Tribunal's reliance on prior SC and HC rulings established that book treatment is not decisive in tax proceedings, leading to the dismissal due to lack of substantial legal questions. en-us Tue, 17 Sep 2019 00:00:00 +0530 Fri, 08 Nov 2024 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386351 The appeal against the ITAT's order was dismissed, affirming the classification of preoperative expenses as revenue expenditure for the assessee setting up new stores. The Tribunal's reliance on prior SC and HC rulings established that book treatment is not decisive in tax proceedings, leading to the dismissal due to lack of substantial legal questions. Case-Laws Income Tax Tue, 17 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386351