DY. CIT SPECIAL RANGE-1, LUCKNOW, LUCKNOW vs. M/S INDO GULF FERTILIZERS & CHEMICALSCOEPORATION LTD, SULTANPUR

In the result, the appeal of the Revenue is accordingly dismissed

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria

disallowed by the Assessing Officer holding that they were not covered under section 35D, Section 35D provides for amortization of certain preliminary expenses the assessee claimed these expenses under section 35D(2) (c), which provides as under: - "35D .. .. .. .. .. (2) .. .. .. .. .. (c) where the assessee is a company, also expenditure – (i) by way of legal charges for drafting the Memorandum and Articles

BHALCHANDRA EDUCATIONAL TRUST,LUCKNOW vs. INCOME TAX OFFICER (EXEMPTIONS), LUCKNOW