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Expenditure Incurred on Issuance of Debentures is Revenue Expenditure: ITAT Bangalore allows Deduction [Read Order]

CA Sandeep Kanoi 26 May 2017 10,170 Views 0 comment Print Income Tax | Judiciary

Case Law Details

Case Name : Shanders Properties Pvt. Ltd. Vs The Income Tax Officer (ITAT Bangalore)

Appeal Number : ITA No. 531/Bang/2017

Date of Judgement/Order : 26/05/2017

Related Assessment Year : 2012- 13

Courts : All ITAT ITAT Bangalore

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In Shanders Properties Pvt. Ltd Vs. ITO, the ITAT Bangalore directed the AO to allow the expenditure incurred in relation to issuance of debentures as it constitute revenue expenditure under the provisions of the Please become a Premium member. If you are already a Premium member, login here to access the full content.

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