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2017 (3) TMI 1562 - HC - Income TaxDisallowance of inland transportation charges and commission expenses - not covered under Explanation to Section 37(1) - business expediency - Tribunal allowed claim - Held that:- It is an agreed position between the parties that the impugned order of the Tribunal allowed the respondent assessee's appeal before it by placing reliance upon Ajanta Pharma Ltd case and it is also an agreed position that the appeals were filed by the Revenue in the case of Ajanta Pharma Ltd. (2017 (8) TMI 857 - BOMBAY HIGH COURT). Mr. Hadade, learned Counsel appearing for the respondent assessee states that the above income tax appeals in the case of Ajanta Pharma Ltd. (supra) are awaiting consideration for admission before the bench presided over by Hon'ble Shri. Justice S.C. Dharmadhikari. In the above view, it would be appropriate that these appeals on one of the questions which follows the decision of its coordinate bench in Ajanta Pharma Ltd. (supra) be heard along with that matter. Revenue however submits that according to the Revenue decision of Ajanta Pharma Ltd. (supra) of the Tribunal would not apply to the present facts. In the above view, the present appeals are adjourned at the request of Counsel for a period of 4 weeks for admission.
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