2023 (12) TMI 1515

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....the Department : Shri Prakash Rastogi ORDER Per Bench :- All the three appeals filed by the assessee are directed against separate orders passed by the learned CIT(A), National Faceless Appeal Centre, Delhi and they relate to A.Y. 2014-15 to 2016-17. Common issue urged in all these appeals relates to disallowance of proportionate amount of lease premium paid to Mumbai Metropolitan Regiona....

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....he Assessing Officer disallowed proportionate amount of lease premium claimed in these three years also. The Ld CIT(A) also confirmed the disallowance. 3. The Ld A.R submitted that the disallowance so made in the earlier years has been confirmed by the ITAT, i.e., this issue has been decided against the assessee by the Tribunal in the earlier years. In this regard, the Learned AR invited our at....

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.... the case and in law the amount paid by the appellate to MMRDA as "lease premium" constituted revenue expenditure and the appellant was entitled to claim a proportionate part of the said "premium" as a deduction in the current assessment year?" The Learned AR submitted that the assessee is filing applications before Hon'ble Tribunal for all the three years in terms of section 158A of the Ac....

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....on to the applications filed by the assessee in Form no.8 for all the three years under consideration, we proceed to dispose of these three appeals in terms of sec. 158A(4) of the Act. 6. We noticed earlier that the issue contested by the assessee in all the three years relate to the disallowance of proportionate amount of lease premium claimed by the assessee. We noticed that the AO had made i....