2018 (8) TMI 1713

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....s revenue in nature while the same were treated as capital in nature by the AO. The Tribunal while disposing of the appeal of the Revenue took up the ground No.3 and 4 together however only ground No.3 was disposed of whereas the ground No.4 was inadvertently left out from being decided and thus there was no finding of the Tribunal on the ground No.4 though both the grounds are of identical nature. The Ld. A.R. submitted that since this is a mistake apparent in the order passed by ITAT within the meaning of section 254(2) of the Act and therefore the same should be rectified. 3. The Ld. D.R., on the other hand, submitted before the Bench that the Revenue has taken a separate ground as regards treating the expenses on Project Eagle vide gro....

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....(Expansion and Aggressive Growth Through Leadership & Excellence) this payment was made to Accenture Consulting and accounted under the head professional fees. The project EAGLE was launched on 23.07.2008 at Mumbai and is meant for a nationwide transformational growth programme under DISHA umbrella and has been initiated with the help of Accenture Consulting who are global expert in this area. The primary objective of the said project was to re-gain the leadership position in the formulation business and was of revenue in nature as the primary objective is to focus on improving the performance of the company in India. The AO, however, came to the conclusion that purpose of the said expenditure was incurred with the object of achieving susta....