ADITYA BIRLA NUVO LTD VERSUS ASSTT COMMISSIONER OF INCOME TAX - Income Tax - ITAT MUMBAI - Tri - Expenditure incurred on rural development - Held that - AO directed to allow the expenditure of Rs.5,85,508/- incurred on rural development. - Decided in favor of assessee. Expenses incurred on buy back of shares, claimed as revenue expense - Held that - The fact that the expenditure is of revenue nature has not been disputed by the CIT(A), who has disallowed the same because according to the CIT(A),................................... Income Tax - Case Laws
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