COMMISSIONER OF INCOME TAX vs. SHANKAR TRADING CO LTD
The appeals stand disposed of
ITA - 1198 / 2010HC Delhi09 Jul 2012
For Appellant: Mr Ajay Vohra and Ms Kavita JhaFor Respondent: Mr Sanjeev Sabharwal and Ms Suruchi Aggarwal
Section 201
Trust, constitutes capital expenditure.
2012:DHC:4107-DB
ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005,
361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 43 of 50
Applicability of Section 40A(2) of Income Tax Act
28.
Coming to the second issue, Section 40A(2) of Income-tax Act reads as
under:-
“(2)(a) Where
