9911796707
TMI Blog2018 (4) TMI 1709X X X X Extracts X X X X X X X X Extracts X X X X ..... r. S. Ganesh, Sr. Adv. with Mr. Upkar Agrawal and Mr. Prashant Meharchandani, Advocates ORDER Caveat No.999/2017 Since the counsel for the caveator has appeared the caveat stands disposed of. CM APPL. 42250/2017 (for condonation of delay) For the reasons mentioned in the application, the delay in refiling the appeal is hereby condoned. Application stands disposed of. ITA 1033/2017 T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the international transactions as opposed to those by the assessee in the case of Li and Fung India Pvt. Ltd. (supra). This Court is of the opinion that on this aspect question of law does not arise. The findings of the ITAT with respect to the functional similarity, indeed identity, between the assessee in the case of Li and Fung India Pvt. Ltd. (supra) and the assessee in the present case, i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itted. The following question of law arises for consideration:- "(1) Whether the ITAT erred in deleting the addition of Rs. 1,75,16,800/- made by the Assessing officer on account of Rent Expenses ignoring the fact that the same is capital expenditure in connection with business activities?" Issue notice. Mr. S. Ganesh, Sr. Advocate accepts notice on behalf of the respondent-assessee. List ..... X X X X Extracts X X X X X X X X Extracts X X X X
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