https://www.taxtmi.com/caselaws?id=444747 The Tribunal set aside the order of the CIT(A) and remanded the case for de novo adjudication. The appeal by the Revenue was allowed for statistical purposes. Both parties agreed that the CIT(A) should re-evaluate the applicability of previous decisions concerning the disallowance of expenses related to interest costs, selling and marketing expenses, and other expenses, which the AO had argued should be capitalized rather than treated as revenue expenditure. en-us Mon, 11 Sep 2023 00:00:00 +0530 Fri, 20 Oct 2023 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444747 The Tribunal set aside the order of the CIT(A) and remanded the case for de novo adjudication. The appeal by the Revenue was allowed for statistical purposes. Both parties agreed that the CIT(A) should re-evaluate the applicability of previous decisions concerning the disallowance of expenses related to interest costs, selling and marketing expenses, and other expenses, which the AO had argued should be capitalized rather than treated as revenue expenditure. Case-Laws Income Tax Mon, 11 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444747