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The Tax Publishers2020 TaxPub(DT) 1346 (Bom-HC) INCOME TAX ACT, 1961
Section 37(1)
Appeal was admitted for consideration on the substantial question of law raised by Revenue. Registry was directed to communicate copy of this order to the Tribunal. This would enable the Tribunal to keep papers and the proceedings relating to the present appeal available, to be produced when sought for by Court
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Business expenditure - Allowability - Payment made by assessee towards vacating the premises treating it as revenue expenditure -
Revenue raised an appeal before this court contending that Tribunal erred in deleting the payment made by assessee to M/s. G towards vacating the premises treating it as revenue expenditure Held: Appeal was admitted for consideration on the substantial question of law raised by Revenue. Registry was directed to communicate copy of this order to the Tribunal. This would enable the Tribunal to keep papers and the proceedings relating to the present appeal available, to be produced when sought for by Court.
REFERRED :
FAVOUR : Appeal admitted
A.Y. :
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