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2014 (10) TMI 531 - HC - Income TaxViolation of principles of natural justice - Documents and data not properly examines - Advertisement expenses u/s 37 - Whether the Tribunal misdirected itself in law as well as on facts in upholding the order passed by the CIT u/s 263 of the Act whereby the latter had reversed the order of the AO allowing deduction u/s 37 of the Act in respect of advertisement expenses – Held that:- As decided in M/s Kranti Associates Pvt. Ltd. and another v. Sh. Masood Ahmed Khan and others [2010 (9) TMI 886 - SUPREME COURT OF INDIA] - the documents and the data produced by the assessee have not been taken into consideration - the order does not satisfy the requirements as enunciated by the Apex Court – thus, the order of the Tribunal is passed in violation of the principles of natural justice – the matter is to be remitted back to the Tribunal for fresh decision – Decided in favour of asseessee.
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