https://www.taxtmi.com/caselaws?id=301554 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on all issues, including the treatment of expenditures as revenue expenses rather than capital expenses. The Tribunal emphasized that the expenditures were necessary for the smooth operation of the business and did not result in new assets of enduring nature. The revenue's appeals were dismissed, and the assessee's appeal was allowed. en-us Fri, 07 Feb 2014 00:00:00 +0530 Fri, 08 Apr 2022 21:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301554 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on all issues, including the treatment of expenditures as revenue expenses rather than capital expenses. The Tribunal emphasized that the expenditures were necessary for the smooth operation of the business and did not result in new assets of enduring nature. The revenue's appeals were dismissed, and the assessee's appeal was allowed. Case-Laws Income Tax Fri, 07 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301554