2018 (1) TMI 1677

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....ome Tax<br>HON&#39;BLE MR. JUSTICE S. RAVINDRA BHAT AND HON&#39;BLE MR. JUSTICE A. K. CHAWLA For the Appellant : Mr. Ruchir Bhatia, Sr. Standing Counsel O R D E R The question urged by the Revenue ....

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....the decision of this Court in CIT v Oswal Agro Mills Ltd.(ITA 2/2002, decided on 04.08.2015) and held that issue of debentures or obtaining loans are to be considered as revenue expenditure and conseq....