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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Deferred revenue expenditure - once the assessee himself chose ...


Assessee's deferred revenue expenditure claim allowed using matching principle; no grievance basis remains.

January 28, 2020

Case Laws     Income Tax     AT

Deferred revenue expenditure - once the assessee himself chose to claim the same in a staggered manner, applying the ‘matching principle’ and when the same has been allowed, there could be no occasion for the assessee to be aggrieved, on this point.

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