Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (7) TMI 1210 - HC - Income TaxExtract: .......se of Kirloskar Pneumatic Co. in ITA No.6/PN/2007 for the A.Y. 2003-04 held that even if the expenditure is incurred in the earlier year but the demand is raised and accepted in the subsequent year, then the expenditure would be allowable in the subsequent year. We see no infirmity in the above order passed by ITAT. Accordingly appeal is dismissed.
|