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2018 (2) TMI 2081 - AT - Income TaxNature of expenditure - Legal & Professional Charges - revenue or capital expenditure - HELD THAT:- Upon perusal of the cited order of the Tribunal for AY 2008-09 & 2009-10 we find that the issue has been restored back by the Tribunal we restore the issue to the file of AO limited to the extent of making such verifications in respect of payments made to Dr. May Pharma Consult GMBH, which are claimed as expenditure incurred for the purpose of business. After conducting necessary verification, the AO is directed to decide this issue in accordance of law after giving the assessee a reasonable opportunity of hearing. Assessee’s appeal stands allowed for statistical purposes.
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