https://www.taxtmi.com/caselaws?id=457707 The HC held that the Tribunal was not justified in reversing the Commissioner (Appeals) on allowability of the expenditure, because the substantial questions of law were identical to those already decided in a connected matter. Applying the same reasoning, it answered both questions against the assessee and in favour of the Revenue, including the contention that the Tribunal had not properly appreciated the Supreme Court decision cited before it. The appeal was dismissed. en-us Tue, 27 Feb 2024 00:00:00 +0530 Thu, 30 Apr 2026 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457707 The HC held that the Tribunal was not justified in reversing the Commissioner (Appeals) on allowability of the expenditure, because the substantial questions of law were identical to those already decided in a connected matter. Applying the same reasoning, it answered both questions against the assessee and in favour of the Revenue, including the contention that the Tribunal had not properly appreciated the Supreme Court decision cited before it. The appeal was dismissed. Case-Laws Income Tax Tue, 27 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457707