2017 (8) TMI 621

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..... Y HIGH COURT ] Addition u/s 40A - addition on account of contribution made by the assessee to various educational institutions not in the capacity as an employer - Held that:- The issue raised herein stands concluded against the revenue and in favour of the applicant-assessee by the decision of this Court in Mahindra & Mahindra Ltd. .vs. CIT (2003 (1) TMI 71 - BOMBAY High Court) and CIT .vs. Ma .....

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..... ecting that deduction of royalty on Bamboo exploited, be allowed at rates other than those specified in 1968 and 1947 agreement drawn with the Government of Maharashtra? (3) Whether on the facts and in the circumstances of the case, the Tribunal was justified in law, having regard to the provisions of section 40A(9) of the Income Tax Act, 1961 in sustaining the deletion of ₹ 3,63,750/- by .....

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..... affirmative i.e. in favour of the respondent-assessee and against the applicantrevenue. 3. Regarding question no.3, it is an agreed position between the parties that the issue raised herein stands concluded against the revenue and in favour of the applicant-assessee by the decision of this Court in Mahindra Mahindra Ltd. .vs. CIT (2003) 261 ITR 501 and CIT .vs. Mahindra Mahindra Ltd. -(20 .....

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