2019 (7) TMI 1440

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....The Respondent :  Mr. R. Murlidharan i/by Mr. Atul Jasani ORDER P. C.:- 1. This appeal is filed by the revenue to challenge the judgment of the Income Tax Appellate Tribunal ("Tribunal" for short). Following question is presented for our consideration:- "Whether on the facts and circumstances of the case and in law, the ITAT was correct in holding that expenditure incurred b....

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....dium and various other incidental requirements. The Assessing Officer was of the opinion that the expenditure was capital in nature and therefore, disallowed the same. The assessee carried the matter in appeal. CIT (Appeals) allowed part of the claim and restricted the disallowance to Rs. 1.85 crores. Both sides carried the matter in appeal before the Tribunal. The Tribunal allowed the assessee's ....