https://www.taxtmi.com/caselaws?id=299442 The court admitted the appeal on substantial questions of law regarding the deletion of certain additions made by the ITAT related to Income Tax for the assessment year 2005-06. The court allowed an additional claim not raised in other appeals, directing the Assessing Officer to consider the claim for proportionate initial rent paid and other expenses incurred on an aircraft acquired on finance lease. The court emphasized compliance with the law and proper consideration of claims, instructing the Assessing Officer to follow specific circulars and complete the exercise within the stipulated time frame. en-us Tue, 06 May 2014 00:00:00 +0530 Wed, 15 Dec 2021 09:25:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299442 The court admitted the appeal on substantial questions of law regarding the deletion of certain additions made by the ITAT related to Income Tax for the assessment year 2005-06. The court allowed an additional claim not raised in other appeals, directing the Assessing Officer to consider the claim for proportionate initial rent paid and other expenses incurred on an aircraft acquired on finance lease. The court emphasized compliance with the law and proper consideration of claims, instructing the Assessing Officer to follow specific circulars and complete the exercise within the stipulated time frame. Case-Laws Income Tax Tue, 06 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299442