2019 (6) TMI 1427

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..... e of this very assessee for the earlier assessment years. The revenue had carried the issue in appeal before the High Court [2017 (7) TMI 611 - BOMBAY HIGH COURT] and [ 2019 (2) TMI 531 - BOMBAY HIGH COURT] held the expenditure to be revenue expenditure. No question of law therefore arises. Income Tax Appeal is dismissed. - INCOME TAX APPEAL NO. 197 OF 2017 - - - Dated:- 3-6-2019 - AKIL .....

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..... circumstances of the case and in law, whether the Tribunal was justified in allowing the expenses incurred u/s 37(1) of the Act without appreciating that admittedly and also as accounted by assessee in its books of account, the expenses were preoperative in nature and hence not admissible as expenditure u/s 37(1) of the Act thereby allowing the assessee undue benefit and inadmissible benefit u/s 3 .....

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