Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2008 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (5) TMI 668 - AT - Income TaxExtract: ....... the impugned assessment year and this is also an alternative submissions of the assessee which we have accepted. Since the expenditure incurred by the assessee is treated as revenue expenditure, the ground No. 2 which related to depreciation does not arise. We, therefore, reject the same. 9. In the result, appeal of the assessee is partly allowed.
|