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2018 (3) TMI 1164 - HC - Income TaxDeduction towards Area Development Fund - Held that:- The Commissioner and the Tribunal have not given any finding that the fund collected under the Area Development is not utilised for the purpose, for which it was collected. The Tribunal and the Commissioner were required to consider threadbare the relevant aspects of the matter as observed by the Apex Court in case of Siddheshwar S.S.K.Ltd. Vs. Commissioner [2004 (9) TMI 6 - SUPREME Court] Thus impugned orders of the Commissioner of Income Tax (appeals) and the Income Tax Appellate Tribunal are set aside. The parties are relegated before the Commissioner (appeals) who shall decide the appeals afresh expeditiously.
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