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2019 (2) TMI 531 - HC - Income TaxDisallowance of Project Development Expenses - AO considering it as Capital Expenditure against the Assessee's claim to be considered it as Revenue Expenditure u/s 37(1) - Held that:- AO deleting a sum of ₹ 39.79 lacs being part of the project development expenses, considering as a capital expenditure against the assessee's claim of the expenditure being revenue in nature. We notice that identical question had come up for consideration before the Tribunal in case of this very assessee for earlier assessment year 2008-09. Tribunal had held the issue in favour of the assessee. In the present impugned judgment also, the Tribunal has relied on the same order. In CIT-4 Vs. M/s. Reliance Supply Chain Solutions Ltd [2017 (7) TMI 611 - BOMBAY HIGH COURT] which was dismissed on 5.7.2017. No question of law, therefore, arises. Disallowance towards the assessee's expenditure for gratuity and leave encasement - Held that:- Expenditure was actually incurred and that there was no question of disallowance in terms of Section 43B of the Act.
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