2019 (1) TMI 480

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....<br>AKIL KURESHI & B.P. COLABAWALLA, JJ. Mr. Ashok Kotangle a/w Ms. Padma Divakar for the Appellant Mr. Sameer Dalal i/by Usha Dalal for the Respondent &nbsp; P.C.: 1. These appeals arise under common background. We may refer the facts from Income Tax Appeal No. 787 of 2016. 2. The appeal is filed by the Revenue challenging the judgment of the Income Tax Appellate Tribunal ("Tribuna....

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....l deleted by the impugned judgment. In the judgment, the Tribunal accepted the assessee&#39;s contention that certain direct expenses were reduced from CFS income inadvertently. It was pointed out that the expenses pertaining to indirect expenditure, interest on term loan and depreciation were missed out while claiming original deduction under Section 80IA of the Act. Similarly, inadvertent errors....