2017 (10) TMI 944 - HC - Income Tax

Application of income u/s 11(1)(a) - expenses incurred outside India on Global Trade Development Programme - Held that - The aforementioned question stands answered against the Assessee in DIT v. National Association of Software and Services Companies 2012 (5) TMI 204 - DELHI HIGH COURT

Summary

The Delhi High Court condoned a 245-day delay in re-filing an appeal (CM 34507/2017). The appeal (ITA 819/2017) by the Assessee against an ITAT order was dismissed as the expenses on the 'Global Trade Development Programme' were considered as application of income under Section 11(1)(a) of the Income Tax Act, based on a previous ruling. No substantial question of law arose.