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TMI Blog2013 (3) TMI 244X X X X Extracts X X X X X X X X Extracts X X X X ..... he CIT (A) and the Tribunal, allowing lease rental as business expenditure, not calling for any interference - in favour of assessee. - INCOME TAX APPEAL NO.136/2007, INCOME TAX APPEAL NO.154/2007 - - - Dated:- 15-1-2013 - Dinesh Maheshwari And Arun Bhansali,JJ. Mr.K.K.Bissa, for the appellant. Mr.Sanjeev Johari for the respondent . ORDER These two appeals, arising out of common ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 05. In that view of the matter, this appeal is also admitted by framing the following substantial question of law: Whether in the facts and circumstances of the case the learned Tribunal was justified in dismissing the appeal of the revenue and confirming the order of the CIT(A) regarding deletion of addition of Rs.52,34,789/- made by the AO on account of disallowance on lease rent ignoring the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lease rentals were allowable as business expenditure, we have considered the matter in detail in a separate judgment delivered today; and, with reference to the decision of the Hon'ble Supreme Court in CIT Vs. Shaan Finance (P.) Ltd.: (1998) 231 ITR 308 and of this Court in Rajshree Roadways Vs. Union of India Ors.: 263 ITR 206 (Raj.), we have held the findings of the CIT (A) and the Tribunal, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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