Training Expenses on Skill Development not to be disallowed Treating it as Deferred Expense: Delhi HC upholds ITAT’s order

By Yogitha S. Yogesh - On November 4, 2023 7:00 am - 2 mins read
Training Expenses on Skill Development - Training Expenses - Skill Development - disallowed Treating - Deferred Expense - Delhi High Court - TAXSCAN

The Delhi High Court upheld the order of the Income Tax Appellate Tribunal (ITAT) wherein it was held that training expenses on skill development were not to be disallowed treating it as a deferred expense. Ve Commercial Vehicles Ltd, the appellant/revenue seeks to assail the order dated 30.04.2020 passed by the Income Tax Appellate Tribunal…

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