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2015 (8) TMI 372 - DELHI HIGH COURTDisallowance of business expenditure claimed in respect of 'keyman insurance policy' - ITAT deleted the addition - AO by the order treated the entire sum of ₹ 2.10 crores as business income in the hands of the Assessee. He also treated the sum of ₹ 50 lakhs as capital gains - Held that:- The AO by the order dated 24th December 2009 treated the entire sum of ₹ 2.10 crores as business income in the hands of the Assessee. He also treated the sum of ₹ 50 lakhs as capital gains. - Decided against revenue.
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