https://www.taxtmi.com/caselaws?id=446664 The court condoned a 448-day delay in re-filing the appeal, allowing the matter to proceed on its merits. The appeal, pertaining to the Assessment Year 2011-12, challenged the deletion of an addition by the Income Tax Appellate Tribunal regarding supervisory and risk management expenses. The Commissioner of Income Tax Appeals had deleted this addition, a decision upheld by the Tribunal. The court found the appellant's argument untenable, as expenses for prospective clients were deemed deductible. Concluding no substantial question of law arose, the court declined to interfere, closing the appeal and dispatching the judgment to the respondent/assessee. en-us Thu, 16 Nov 2023 00:00:00 +0530 Fri, 08 Dec 2023 08:56:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446664 The court condoned a 448-day delay in re-filing the appeal, allowing the matter to proceed on its merits. The appeal, pertaining to the Assessment Year 2011-12, challenged the deletion of an addition by the Income Tax Appellate Tribunal regarding supervisory and risk management expenses. The Commissioner of Income Tax Appeals had deleted this addition, a decision upheld by the Tribunal. The court found the appellant's argument untenable, as expenses for prospective clients were deemed deductible. Concluding no substantial question of law arose, the court declined to interfere, closing the appeal and dispatching the judgment to the respondent/assessee. Case-Laws Income Tax Thu, 16 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446664