Claim of expenditure on advertisement u/s 37 - Just because, ...

Expenditure on advertisement u/s 37 allowed as revenue expenditure despite being labeled deferred revenue in accounts.

February 17, 2014

Case Laws Income Tax AT

Claim of expenditure on advertisement u/s 37 - Just because, assessee has claimed the amount as deferred revenue expenditure in the Profit & Loss Account, the nature of expenditure does not change - Entire amount allowed as revenue expenditure - AT

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Claim of expenditure on advertisement u/s 37 - Just because, ...

Expenditure on advertisement u/s 37 allowed as revenue expenditure despite being labeled deferred revenue in accounts.

February 17, 2014

Case Laws Income Tax AT

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