Court :
HC
Brief :
Held by the Hon`ble Court that, it is an admitted fact that receipt against the work done prior to the formation received after the formation. Till received these expenses could not be claimed, therefore had to be carried forward and allowed in relevant assessment year.
Citation :
C.I.T. Vs. Guru Nanak Cunstruction CO.
Live class on PF & ESI Enrollment & Returns Filing(with recording)