2013 (3) TMI 838

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..... ctions waived. 2. Appeal is admitted on the following substantial questions of law :- (i) Whether on the facts and in the circumstances of the case and in law, the Tribunal was correct in allowing the expenditure incurred for FCCB (Foreign Currency Convertible Bonds) which included bank charges, administrative fees and out of pocket expenses ? (ii) Whether on the facts and in the circumsta .....

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..... her on the facts and in the circumstances of the case and in law, the Tribunal was correct in deleting the disallownace of pro rata premium of ₹ 5.39 crores payable on redemption fo Foreign Currency Convertibel Bonds (FCCB), which are fully convertible into equity shares of the company and therefore, such expenses are to be treated as capital expenditure ? (vi) Whether on the facts and in .....

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..... count of the payee ? (viii) Whether on the facts and in the circumstances of the case and in law, the Tribunal was correct in directing the A.O. to allow weighted deduction u/s.35(2AB) in respect of Nashik Unit even though the prescribed authority has not submitted the report in Form 3CL to the DGIT (Exemption) and in respect of Kandivli unit, the Tribunal directed to allow the deduction as and .....

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