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2013 (8) TMI 513 - AT - Income TaxCapital receipt or Revenue receipt - Entertainment tax subsidy - CIT held it as capital receipt - Held that:- Ld. CIT (A) in the year before us, has deleted the disallowance by observing that similar additions for Assessment Year 2006-07 and 2007-08 were deleted by the CIT (A) by referring to, inter alia, 'Ponni Sugar' (2008 (9) TMI 14 - SUPREME COURT) and that the facts and circumstances in the years under consideration were similar to those in the earlier years. This has not been disputed - Decided against Revenue. Capitalization of advertisement expenses - enduring nature - CIT deleted the addition on account of capitalization of advertisement expenses - Held that:- Ld. CIT (A) has deleted the addition on merits and it is therefore, that he has not gone into the alternative issue raised by the assessee. - Decided against Revenue.
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