Sponsored
    Follow Us:

Case Law Details

Case Name : CIT Vs Citi Financial Consumer Finance Ltd (High Court of Delhi)
Appeal Number : ITA Nos. 1820, 1974/2010
Date of Judgement/Order : 30/03/2011
Related Assessment Year :
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored
The expenditure is to be fully allowed in the year in which the same is incurred provided it fulfills the test laid down under s 37, and only in exceptional cases can the expenditure be allowed to be spread over, that too, when the assessee chooses to do so as held by Delhi High Court in CIT v Citi Financial Consumer Finance LtdIn favor of : The Assessee ; ITA Nos. 1820, 1974/2010 and  5/2011.

CIT Vs Citi Financial Consumer Finance Ltd

High Court of Delhi

ITA Nos. 1820, 1974/2010 and 1, 5 /2011

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031