Expenses being in nature of revenue exp. to be allowed despite different treatment in books of account

IT: Where assessee had setup three new business units and claimed pre-operative expenses incurred by way of salaries and wages, PF and ESI contribution, travelling expenses, and like other general administrative expenses, since assessee had commenced its business activity in relevant previous year and impugned expenditure were revenue in nature and were incurred wholly and exclusively for expansion of existing business of assessee, same was to be allowed

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