None
RU
Delhi HC Sets Aside ₹16.74 Crore Tax Enhancement for Want of Section 251 Notice
['Author Info', 'Name', 'Qualification', 'Company', 'Location', 'Articles Published', 'View Full Profile', 'More Ca Sandeep Kanoi', 'August']
taxguruin
AdvertisementSahara India Commercial Corporation Ltd Vs ACIT (Delhi High Court) The Delhi High Court considered an appeal involving, among other issues, whether the Income Tax Appellate Tribunal was justified in restricting the allowance of advertisement expenses incurred by the appellant proportionate to the appellant’s revenue to the total revenue of the Sahara Group on the ground that some indirect benefit may have accrued to other group entities.
During the hearing, the appellant raised an additional substantial question concerning the enhancement of disallowance by the Commissioner of Income Tax...