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P. S DINESH KUMAR, C. M. POONACHA
Pr. Commissioner of Income Tax CIT (A) – Appellant
Versus
Adadyn Technologies Pvt. Ltd. – Respondent
| Table of Content |
|---|
| 1. admissibility of appeals (Para 1 , 2 , 3) |
| 2. undisputed facts and expenditure claims (Para 4 , 5) |
| 3. arguments on capital vs revenue expenditure (Para 6 , 7) |
| 4. analysis of the abandoned project (Para 8 , 9) |
| 5. final order of appeals (Para 10) |
JUDGMENT :
P.S Dinesh Kumar, J.
These appeals are by the Revenue challenging the order dated 21.08.2020 in ITA Nos.994 & 995/Bang/2019 for the Assessment year 2015-2016 and 2016-17 passed by the ITAT, "B" Bench, Bangalore Income Tax Appellate Tribunal, "B" Bench, Bangalore have been admitted to consider following questions of law:
2. Whether on the facts and in the circumstances of the case, the Tribunal is right in law in holding that expenditure claimed by assesses as salaries and marketing expend
Expenditures on dies/moulds, software, lease premiums revenue in nature sans enduring benefit; s.14A disallowance invalid without AO's recorded dissatisfaction on assessee's suo motu workings; bad de....
The court's decision was based on the interpretation and application of the Income Tax Act provisions related to disallowance under Section 14A, deletion of expenses under Section 37(1), and the trea....
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