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2005 (9) TMI 31 - HC - Income Tax"1. Whether while considering allowance of revenue expenditure incurred for advertisement during any assessment year can be spread over by an assessee on principle of deferred revenue expenses on the ground that the benefit of such expense would flow for subsequent years also? 2. Whether AO having accepted the principle of spreading over of expenses incurred in one assessment year by treating the same to be deferred revenue expense for earlier years and did not allow the deduction of full amount of expense was right in refusing to allow the deduction of unadjusted expense during the assessment year in question on the ground that the principle of spreading over of allowable revenue expenditure is not permissible in law?" - Tribunal ought to have given appropriate direction when it was deciding the appeals not for the assessment years 1993-94 and 1994-95 only but was also hearing the appeals of later assessment years together and in not doing so, it has resulted in an apparent error of application of the principle enumerated by it. Therefore, we allow this appeal and direct the Tribunal to pass necessary orders
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