2015 (11) TMI 1898

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....of the Income Tax Act, 1961 (the Act), challenges the order dated 20th March, 2013 passed by the Income Tax Appellate Tribunal (the Tribunal) for the Assessment Year 2005-06. 2 The Revenue urges the following question of law for our consideration: "Whether on the facts and circumstances of the case and in law, the Tribunal was right in deleting the disallowance of 81.25% of the expenditure incu....

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....ulated proceeds on the basis the SLP filed by the Revenue against order of this Court in Star India Pvt. Ltd. (supra) has been admitted, in fact, it is not so. The Apex Court has only issued a notice before admission. In fact, the SLP is awaiting admission. 5 Be that as it may, no fault can be found with the impugned order of the Tribunal in having allowed the Respondent Assessee's appeal fol....