Tribunal held that the assessee had maintained books of account on same accounting pattern in earlier years as well and same was accepted by Tribunal. Accordingly, the claim of development expenses is held to be allowable . (AY. 2010-11)
Saamag Developers (P.) Ltd. v. ACIT (2018) 173 ITD 350 (Delhi) (Trib.)
S. 37(1) : Business expenditure-Provision for development expenses -Consistent accounting pattern-Held to be allowable. [S. 145]