Held that the Tribunal, considering an identical issue, had held in favour of the assessee and deleted the additions made by the Assessing Officer. Appeal of revenue dismissed. (AY. 2011-12, 2012-13)
Dy.CIT v. Eastman Exports Global Clothing Pvt. Ltd. (2021) 92 ITR 343 (Chennai)(Trib.)
S. 37(1) : Business expenditure-Capital or revenue-Lease hold land-Amount spent on construction-Allowable as revenue expenditure-Explanation to section 32(1). [S. 32]