Commissioner of Income Tax, vs. M/s Mohan Milk Line Private Limited,

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

2. In terms of order dated 15.01.2013, CIT (A) Jammu confirmed the disallowance of expenditure in light of Section 40(a) (ia) of the Income Tax Act, 1961. This Court, vide order dated 08.10.2014, framed the following substantial questions of law: (i) Whether Sec. 40 (a) (ia) of the Income Tax Act can be invoked to disallow the expenditure, which

The Commissioner of Income Tax-I vs. M/s. Charminar Breweries Ltd.,

2)(b) of the Act. This covered trading transactions as well as the advance received from the parties. The order of the Assessing Officer records that though summons were served under Section 131, the said parties did not join the proceedings and participate in it; the Assessing Officer in his order noted that the summons were returned with the remark