https://www.taxtmi.com/caselaws?id=304890 The tribunal confirmed the first appellate authority's decision to treat expenses as revenue expenditure, directing the assessing officer to delete the additions made under various heads of expenses treated as capital in nature. The tribunal emphasized that the expenses were genuine, related to general administrative costs, and should be expensed rather than capitalized. The revenue's appeal was dismissed, and the order was pronounced on 22/11/2017. en-us Wed, 22 Nov 2017 00:00:00 +0530 Fri, 04 Nov 2022 08:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304890 The tribunal confirmed the first appellate authority's decision to treat expenses as revenue expenditure, directing the assessing officer to delete the additions made under various heads of expenses treated as capital in nature. The tribunal emphasized that the expenses were genuine, related to general administrative costs, and should be expensed rather than capitalized. The revenue's appeal was dismissed, and the order was pronounced on 22/11/2017. Case-Laws Income Tax Wed, 22 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304890