https://www.taxtmi.com/caselaws?id=264392 The Court upheld the decisions of the CIT (A) and ITAT in reducing the disallowances of sales and distribution expenses, administrative expenses, and depreciation incurred by the Assessee for sister concerns. It was noted that the Revenue's argument regarding Rule 46 A of the IT Rules could not be raised for the first time in Court. The Court found no reason to interfere with the factual findings of the lower authorities and dismissed the Revenue's appeal, stating that no substantial question of law arose in the case. en-us Tue, 15 Sep 2015 00:00:00 +0530 Thu, 24 Sep 2015 09:55:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264392 The Court upheld the decisions of the CIT (A) and ITAT in reducing the disallowances of sales and distribution expenses, administrative expenses, and depreciation incurred by the Assessee for sister concerns. It was noted that the Revenue's argument regarding Rule 46 A of the IT Rules could not be raised for the first time in Court. The Court found no reason to interfere with the factual findings of the lower authorities and dismissed the Revenue's appeal, stating that no substantial question of law arose in the case. Case-Laws Income Tax Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264392