HC remanded matter back to decide issue of allowing exp. incurred on website improvement by ‘Rediff.com’

INCOME TAX : Where Tribunal held that amount spent on improvement of website was revenue expenditure even though said project was later on abandoned, in view of fact that prima facie, there was no issue of abandonment of project Tribunal case law as that relied upon by Commissioner (Appeals), issue to be re-adjudicated

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000190761/hc-remanded-matter-back-to-decide-issue-of-allowing-exp-incurred-on-website-improvement-by-‘rediff-com’.aspx