https://www.taxtmi.com/caselaws?id=35182 The High Court upheld the Tribunal's decision to allow the deduction of deferred revenue expenditure claimed as revenue expenditure for the assessment year 2001-02. The total disallowance amount of Rs 31,54,846 was divided into pre-commencement expenditure of Rs 8,19,365 and post-commencement expenditure of Rs 23,35,481. The Court affirmed the allowance of post-commencement expenditure but refrained from interfering with the pre-commencement expenses due to the tax effect being less than Rs 4 lakhs. The appeal was disposed of accordingly on January 12, 2010. en-us Tue, 12 Jan 2010 00:00:00 +0530 Fri, 11 Jun 2010 19:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35182 The High Court upheld the Tribunal's decision to allow the deduction of deferred revenue expenditure claimed as revenue expenditure for the assessment year 2001-02. The total disallowance amount of Rs 31,54,846 was divided into pre-commencement expenditure of Rs 8,19,365 and post-commencement expenditure of Rs 23,35,481. The Court affirmed the allowance of post-commencement expenditure but refrained from interfering with the pre-commencement expenses due to the tax effect being less than Rs 4 lakhs. The appeal was disposed of accordingly on January 12, 2010. Case-Laws Income Tax Tue, 12 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35182