ASST CIT CC 8(4), MUMBAI vs. PHOENIX MILLS LTD, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

section 37 of the Act, the entire expenditure be held to be allowable as a deduction since the assessee had even offered service charges to tax under the head 'Income from Business. In 'case the deduction for expenses is not allowed then there will be a case, wherein the assessee won't be given the deduction for the expenses incurred

THE PHOENIX MILLS LTD,MUMBAI vs. DCIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year