2026 (1) TMI 1651

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....gh, JSCs and Mr. Gaoraang Ranjan and Ms. Harshita Kotru, Advs. For the Respondent : Mr. Rohit Jain and Mr. Saksham Singhal, Advs. ORDER 1. By way of the present appeal, the appellant-Income Tax Department has challenged the order dated 24.03.2023 passed by Income Tax Appellate Tribunal, (ITAT) Delhi Branch 'A', New Delhi whereby, the department appeal was rejected while the appeal filed b....

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....issioner of Income Tax (hereinafter referred to as 'CIT(A)', who had partly allowed the appeal and remanded the matter back to the AO with the directions to verify the fact as to whether 30% of Rs. 44,26,40,000/- being Rs. 13,27,92,000/- has been claimed as a expenditure/deduction or not and if the same has not been claimed as an expenditure debited in the Profit and Loss (hereinafter referred to ....

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.... on the other hand argued that the ITAT has committed no error of law. Any remand, which the CIT(A) had made, was not required inasmuch as the assessment order dated 28.10.2018 itself shows that the entire expenditure has been disallowed by him by observing that there is no income and the same related prior to the period when its business commence. 8. Learned counsel further submitted that sinc....