https://www.taxtmi.com/highlights?id=71285 Nature of expenses - video shooting expenses claimed by the assessee as revenue expenditure in the computation of income but capitalized into the books of accounts and shown in the balance sheet - The video shooting expenditure does not give any enduring benefit to the assessee. - Claim cannot be disallowed mere on the basis of treatment in the Balance Sheet - AT en-us Thu, 03 Aug 2023 07:55:14 +0530 Thu, 03 Aug 2023 12:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71285 Nature of expenses - video shooting expenses claimed by the assessee as revenue expenditure in the computation of income but capitalized into the books of accounts and shown in the balance sheet - The video shooting expenditure does not give any enduring benefit to the assessee. - Claim cannot be disallowed mere on the basis of treatment in the Balance Sheet - AT Highlights Income Tax Thu, 03 Aug 2023 07:55:14 +0530 https://www.taxtmi.com/highlights?id=71285