2016 (9) TMI 337

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....e Respondent : Mr. J. Narayanaswamy JUDGMENT ( Judgment of the Court was made by S.Manikumar,J ) Challenge in this Tax Appeal, is to an order passed by the Income Tax Appellate Tribunal in I.T.A.No.2844/Mds/2014, dated 30/6/2015, for the assessment year 2010 2011. 2. Substantial questions of law raised in the instant Tax Case Appeal are as follows:- "1. Whether on the facts an....

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....14 A only the actual expenditure incurred in relation to income which does not form part of total income shall be disallowed? 4. Whether on the facts and in the circumstances of the case, the Tribunal was justified in confirming the ad hoc disallowance of the estate expenses as capital expenditure?" 3. On this day, when the matter came up for hearing, Mr.R.Venkatanarayanan for Mr.Subba....