RAJASTHAN STATE INDUSTRIAL DEVELOPMENT & INVESTMENT CORP. LTD.,JAIPUR vs. ACIT, JAIPUR

In the result, both set of cross appeals for the respective assessment years are disposed off with above directions

10 lacs, there is nothing which is brought on record to establish nexus between the expenditure and the objects and business activity of the assessee. 3.13 In respect of expenditure of Rs 5 crores paid to Rajasthan Skill Livelihood Development Corporation, the ld AR has drawn our attention to assessee’s Board of Directors resolution no. 35 passed

SAURABH AGROTECH PRIVATE LIMITED,ALWAR vs. DCIT, CENTRAL CIRCLE, ALWAR

In the result, both the appeal of the assessee is allowed