HOTEL ALLIED TRADES PVT. LTD vs. THE ADDITIONAL COMMISSIONER OF INCOME-TAX

In the result, we dismiss the IT Appeal by answering the

Bench: Us, The Appellant Raises The Following Questions Of Law:

87,412/- cannot be allowed as deduction for the assessment year in question? 3. We have heard Sri.Abraham Joseph Markos, the learned Counsel for the appellant and Sri.Jose Joseph, the learned Standing Counsel for the Income Tax Department. 4. The sole issue that arises for consideration is whether the claim by the appellant/assessee of an amount of Rs.101.87 lakhs