[aaykarbhavan] Exp. incurred on development of website was allowable as business exp. even if there was no receipt during the year

Exp. incurred on development of website was allowable as business exp. even if there was no receipt during the year

December 30, 2014[2014] 51 taxmann.com 302 (Delhi - Trib.)/[2014] 33 ITR(T) 265 (Delhi - Trib.)/[2014] 151 ITD 722 (Delhi - Trib.)

IT : Even if there was no receipt during year, expenditure incurred on development of web and portal charges is to be allowed

IT : Even if there was no receipt during year, on expenditure incurred on development of web and portal charges assessee was entitled to depreciation

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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