Court :
INCOME TAX APPELLATE TRIBUNAL
Brief :
On the facts and in the circumstances of the case, the Commissioner of Income Tax (Appeals) has erred in allowing relief of Rs.12,23,979/- on account of allowable expenses under Section 40(a)(ia) ignoring the decision of the Hon’ble Supreme Court in the case of Geotze (India) Ltd. vs CIT (2006) 284 ITR 323 (SC) that held that the Assessing Officer had no power to entertain a claim made otherwise than by filing of a revised return of income
Citation :
ACIT, Circle 13(1) New Delhi (Appellant) vs M/s NHK Spring India Ltd. Plot no.31, Sector 3, IMT Manesar Gurgaon, Haryana 12050 PAN: AAACN 3501 G(Respondent)
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