Tribunal Rules One-Time Prepayment Premium as Revenue Nature Business Expenditure; Revenue's Appeal Dismissed.

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....Prior period expenditure - Whether Tribunal is right in holding that the expenditure was crystalized during the relevant previous year when the assessee hijmself has classified the expenses as "prior period expenditure"? - Tribunal held that one time payment made by the assessee towards prepayment premimum and interest compense is business expenditure in the nature of revenue Expenditure - Revenue appeal dismissed - HC....