TMI Blog2013 (1) TMI 983X X X X Extracts X X X X X X X X Extracts X X X X ..... venue is directed against the order of the Ld. CIT(A)-3, Mumbai dt.12.7.2011 pertaining to A.Y. 2008-09. 2. The Revenue has raised 5 grounds of appeal. The sum and substance of the grievance of the Revenue is that the Ld. CIT(A) ought not have deleted the addition of ₹ 3,13,62,103/- made by the AO on account of audio right expenses incurred and written off as manufacturing expenses ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der in I.T.A.No.2407/M/08 which is reproduced hereunder for easy reference- 3.1 Ground No.1 is on the issue of allowability of Expenditure incurred on purchase of audio rights treated by the assessing officer as capital expenditure. The assessee is engaged in the business of manufacture and sale of audio rights and CDs and for this purpose itpurchases audio rights of film songs from prod ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e tribunal and deleted the addition. We see no infirmity in the same. In fact, ground 1B of the revenue appeals states that the ground is taken because the department has not accepted the decision of the Tribunal. In view of the above discussion, we respectfully apply the decision of the coordinate bench of the Tribunal in the assessee s own case for earlier years and dismiss the ground taken by t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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