Hoarding expenses allowed as revenue in nature being part of normal activities of advertisements business
June 3, 2019
Income Tax, ITAT
Hoarding expenses allowed as revenue in nature and not capital. Hoardings are subjected to vagaries of rain, storm, damages etc. and part normal activities of advertisements and publicity business. ABCAUS Case Law Citation: ABCAUS 2986 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: M/s Empress …