https://www.taxtmi.com/caselaws?id=457636 The Karnataka HC allowed the appeal, remanding the case to the Assessing Authority to evaluate the applicability of Section 35D of the IT Act for amortization of expenses related to business extension. The court emphasized that statutory relief should not be denied on technical grounds, leaving all contentions open and awarding no costs. en-us Mon, 27 Mar 2023 00:00:00 +0530 Tue, 24 Sep 2024 19:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457636 The Karnataka HC allowed the appeal, remanding the case to the Assessing Authority to evaluate the applicability of Section 35D of the IT Act for amortization of expenses related to business extension. The court emphasized that statutory relief should not be denied on technical grounds, leaving all contentions open and awarding no costs. Case-Laws Income Tax Mon, 27 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457636