Expenses prior to setting up or running of business are capital in nature-High Court
February 22, 2018
High Courts, Income Tax, Judgments
Expenses prior to setting up or running of business are capital in nature-High Court upheld ITAT order allowing capitalisation of pre-operative expenses ABCAUS Case Law Citation: ABCAUS 2217 (2018) (02) HC The case law involves the appeal filed by the Income Tax Department (Revenue) against the order of …