2018 (5) TMI 2147

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..... tituted income from other sources, on the other, that such expenses could not be allowed under Section 37 - HELD THAT:- Both issues are covered by decisions of this Court with respect to the question of treatment of the amounts derived as to whether they are business income or income from other source. The judgment in NTPC SAIL Power Co. Pvt. Ltd. [ 2012 (10) TMI 524 - DELHI HIGH COURT] is conclu .....

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..... ndly, the disallowance made on the provision for retirement benefits. The AO had, in both cases, brought two amounts to tax on the one hand, determining that the amounts derived constituted income from other sources, on the other, that such expenses could not be allowed under Section 37 of the Act. Both issues are covered by decisions of this Court with respect to the question of treatment .....

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