Addition of Preliminary expenses written off as deferred revenue ...

Income Tax

September 16, 2015

Addition of Preliminary expenses written off as deferred revenue expenses - treating the expenses are of capital nature - An AO, as indeed any other authority in the IT Act, cannot turn to the assessee and say that although he has authority to do something for the good of the assessee, it is not necessary that he must exercise that authority. - AT

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Addition of Preliminary expenses written off as deferred revenue ...

Income Tax

September 16, 2015

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