ITAT, Delhi: Pre-Operative Expenses Cannot be Allowed as Business Expense - (14 Feb 2020)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Delhi has held that the expenses which are incurred before the operation of a company are called preoperative expenses and these expenses cannot be allowed as business expenses.

Tags : INCOME TAX APPELLATE TRIBUNAL   PRE-OPERATIVE EXPENSES  

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