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Reliance Home Store Ltd. Versus The ACIT

2015 (10) TMI 2512 - ITAT Mumbai

Disallowance of claim for deduction u/s. 37(1) in respect of revenue expenditure - Held that:- The assessment order and the order of the First Appellate Authority in the case of M/s. Reliance Footprint Ltd (2013 (12) TMI 161 - ITAT MUMBAI ) are ident .....

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AO to delete the impugned addition. - Decided in favour of assessee. - I.T.A. No.5996/Mum/2011 - Dated:- 15-10-2015 - SHRI N.K. BILLAIYA AND SHRI AMARJIT SINGH JJ Shri F.V. Irani for the Appellant. Shri Vivek Anand Ojha for the Respondant. ORDER: Thi .....

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of revenue expenditure incurred during the year amounting to ₹ 4,08,41,533/-. 3. At the very outset, the Ld. Counsel for the assessee drew our attention to the decision of the Tribunal in the case of M/s. Reliance Footprint Ltd in ITA No. 5997/ .....

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e assessee and against the Revenue. The Ld. Counsel prayed that on identical set of facts similar view should be taken. 4. Per contra, the Ld. Departmental Representative strongly supported the findings of the AO. 5. We have given a thoughtful consid .....

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