https://www.taxtmi.com/caselaws?id=456136 Bombay HC dismissed revenue's appeal involving multiple tax issues. Court held debt write-off disallowance was covered by SC precedent in TRF Limited, raising no substantial question of law. Windmill expenses became non-issue after AO allowed depreciation following ITAT order. Entertainment expenditure and other disallowances were upheld based on assessee's own case precedent for AY 1996-97. HC noted revenue had accepted similar ITAT orders in previous years without challenge, citing Excel Industries SC ruling that revenue cannot raise questions of law inconsistently across assessment years after accepting tribunal findings. en-us Thu, 07 Mar 2024 00:00:00 +0530 Mon, 20 Jan 2025 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456136 Bombay HC dismissed revenue's appeal involving multiple tax issues. Court held debt write-off disallowance was covered by SC precedent in TRF Limited, raising no substantial question of law. Windmill expenses became non-issue after AO allowed depreciation following ITAT order. Entertainment expenditure and other disallowances were upheld based on assessee's own case precedent for AY 1996-97. HC noted revenue had accepted similar ITAT orders in previous years without challenge, citing Excel Industries SC ruling that revenue cannot raise questions of law inconsistently across assessment years after accepting tribunal findings. Case-Laws Income Tax Thu, 07 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456136