2024 (1) TMI 1241

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.... For the Petitioner : Mr. N Venkatraman, A.S.G. Mr. Rupesh Kumar, Sr. Adv. Mr. Raj Bahadur Yadav, AOR Mr. V Chandarshekhara Bharathi, Adv. Mr. Padmesh Mishra, Adv. Mr. Udai Khanna, Adv. Mr. Keval Babubhai Rathod, Adv. For the Respondent : Ms. Kavita Jha, AOR Ms. Kavita Jha, Adv. ORDER 1. Leave granted. 2. This appeal arises against the judgment of the High Court dated 22.12.2015 by w....

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....in the circumstances of the case, the Income Tax Appellate Tribunal is correct in allowing deferred revenue expenditure of Rs.22,27,00,000 out of Rs. 41,31,73,200 relating to sponsorship of Wills World Cup, which pertains to the next year, was not claimed in the accounts this year and has been claimed and allowed in the next year? 3. Whether, on the facts and in the circumstances of the c....

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....n stock claimed to be damaged? 6. Whether on the facts and in circumstances of the case, the Income Tax Appellate Tribunal is correct in deleting disallowance of Rs. 4 Crores, being proportionate interest relatable to interest free advances to the subsidiaries? 7. Whether, on the facts and in the circumstances of the case, the Income tax Appellate Tribunal is correct in directing....

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....ved hotel in stead of proportion of the foreign exchange earnings to the profit and total turn over of the assessee? 10. Whether on the facts and in the circumstances of the case, the Income Tax Appellate Tribunal is correct in holding that the self assessment tax paid was to be deducted from the tax payable as per the assessment order for the purposes of calculating interest payable unde....