Allowability of expenses of abundant project - there is no allegation that the expenditure incurred by...

Allowability of expenses of abundant project - there is no allegation that the expenditure incurred by the assessee is capital in nature - It is also not the case of the revenue that the assessee has not incurred the expenditure at all or these expenditure are not pertaining to this year - the expenditure incurred by the assessee for the abandoned project as allowable during the year .....

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