Case Law Details
Case Name : ARI Healthcare Private Ltd. Vs ACIT (ITAT Mumbai)
Appeal Number : ITA No. 6078/Mum/2024
Date of Judgement/Order : 09/01/2025
Related Assessment Year : 2022-23
Courts :
All ITAT ITAT Mumbai
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ARI Healthcare Private Ltd. Vs ACIT (ITAT Mumbai)
ITAT Mumbai held that market development expenses towards sale of product is revenue in nature hence denial of same is unsustainable. Accordingly, market development expenses being revenue expenditure is allowed as deduction.
Facts- The assessee is engaged in the
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