INCOME TAX : Where assessee-company incurred expenditure towards expansion of its existing business by way of a new project of starting a hotel chain, said expenditure was to be treated for purpose of carrying on existing business of assessee and, hence, allowable as revenue expenditure under section 37(1)INCOME TAX : Where assessee-company incurred expenditure towards expansion of its existing business by way of a new project of starting a hotel chain, said expenditure was to be treated for purpose of carrying on existing business of assessee and, hence, allowable as revenue expenditure under section 37(1)www.taxmann.com Latest Case LawsRead More
