Taxpayer Can Choose to Claim Revenue Expenditure in One Year or Spread Over Multiple Years Based on Benefit.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Once the expenditure is accepted as “Revenue Expenditure”, then it is upto the assessee that whether to claim the expenditure in one year or to spread over the said expenditure as per the enduring benefit available with them - AT....