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![Project Development Expenditure is Revenue in Nature, Allowable u/s 37(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Expenditure-Reliance-Digital-Taxscan.jpg "Project Development Expenditure is Revenue in Nature, Allowable u/s 37(1): ITAT [Read Order]")
Project Development Expenditure is Revenue in Nature, Allowable u/s 37(1): ITAT [Read Order]
In ACIT vs. M/s. Reliance Digital Retail Ltd., the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that the Project Development...