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Case Law Details

Case Name : CIT Vs. Priya Village Roadshows Ltd. (2011) 332 ITR 594 (Delhi High Court)
Related Assessment Year :
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Would expenditure incurred on feasibility study conducted for examining proposals for technological advancement relating to the existing business be classified as revenue expenditure, where the project was abandoned without creating a new asset?

CIT Vs. Priya Village Roadshows Ltd. (2011) 332 ITR 594 (Delhi HC)

In this case, the assessee, engaged in the business of running cinemas, incurred expenditure towards archi

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