https://www.taxtmi.com/caselaws?id=307309 The ITAT allowed the appeal of the assessee, overturning the disallowance of claimed expenditure by lower authorities. The ITAT found the claim justified as the project had not commenced during the relevant assessment year, and revenue was recognized in the subsequent year. The timing of events supported the assessee's position, leading to the allowance of the appeal and rejection of the disallowance of expenditure. en-us Thu, 01 Feb 2018 00:00:00 +0530 Wed, 05 Apr 2023 22:12:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307309 The ITAT allowed the appeal of the assessee, overturning the disallowance of claimed expenditure by lower authorities. The ITAT found the claim justified as the project had not commenced during the relevant assessment year, and revenue was recognized in the subsequent year. The timing of events supported the assessee's position, leading to the allowance of the appeal and rejection of the disallowance of expenditure. Case-Laws Income Tax Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307309