HINDUSTAN UNILEVER LTD,MUMBAI vs. ITO CIR 1(1)(4), MUMBAI

In the result, both the appeal of the assessee and the revenue are partly allowed

Bench: Shri Vikas Awasthy () & Ms. Padmavathy S. ()

35C & 35CC. The Assessing Officer further held that the said sections have been amended with effect from 1.4.1989 whereby the legislature has withdrawn the specific concession. Accordingly, the AO disallowed