2018 (4) TMI 1977

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..... Taikisha Engineering India Ltd.[ 2014 (12) TMI 482 - DELHI HIGH COURT] where the Court held that unless the AO rejects the explanation that induces the necessity to offer a specific amount as expenditure by some reasons, the mere rejection per se is unacceptable. The ITAT followed that decision; therefore, no question of law arises on this aspect. MAT Computation - Second question urged by the Rev .....

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..... 962. This issue is covered by the judgment of this Court in the case of Commissioner of Income Tax-VI vs. Taikisha Engineering India Ltd. , 370 ITR 338 (Delhi), where the Court held that unless the AO rejects the explanation that induces the necessity to offer a specific amount as expenditure by some reasons, the mere rejection per se is unacceptable. The ITAT followed that decision; therefore, no .....

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