PRINCIPAL COMMISSIONER OF INCOME TAX 1 KOLKATA vs. M/S ITC LTD
ITAT/89/2025HC Calcutta21 Jul 2025
Bench: The Learned Tribunal – One By The Assessee & The Other By The Revenue Which Have Been Disposed Of By A Common Order, Impugned In This Appeal. 2. The Revenue Has Raised The Following Substantial Questions Of Law For Consideration :
For Appellant: Mr. Prithu Dudhoria, AdvocateFor Respondent: Mr. J.P. Khaitan, Senior Advocate
Section 14ASection 260ASection 37(1)Section 40a
40a(ii) nor allowable as
business expenditure under any provision of the Act, including Section
37(1) of the Act being the personal liability of the assessee?
4
(h) Whether the Learned Income Tax Appellate Tribunal was justified in
law in admitting fresh claim of ESOP raised by the assessee which was
not made in the return of income
