M/S ROCKMAN CYCLES INDS. LTD. vs. COMMR. OF INCOME TAX, LDH. AND ANR.

The appeals are allowed and impugned orders are

Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

237 ITR 706 With respect to the second part that whether the appellant- company is entitled for the deduction on account of expenditure paid to M/s ITA Nos. 244, 281, 282, 283 & 630 of 2005 2023:PHHC:056092-DB 4 Mckinsey and Company Ltd for professional serviced rendered by it., learned senior counsel has shown agreement dated 10.11.1995 between