Court held that Tribunal is actually completely wrong inside the using the matching idea and directing this option-go out book lease are going to be pass on just as along the tenure from the lease. New coordinating idea, that’s an accounting build, demands entities to help you statement expenditures, at the same time, as revenue. (AY.2007-08, 2008-09)
And this zero question of rules arose
Assessee-proprietor advertised cost incurred on international traveling out-of his wife in the potential out-of Selling Government out-of proprietorship matter out of assessee. It was held you to definitely since assessee got failed to show which have related records one to their spouse try a worker of the exclusive matter along with her check out is only for providers purpose, impugned cost cannot become allowed. [AY: 2005-2006]