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TMI Blog2022 (2) TMI 764X X X X Extracts X X X X X X X X Extracts X X X X ..... - Whether total maintenance charges received by the appellant irrespective of its nomenclature constitutes revenue receipts and appropriation out of the same for so called sinking funds cannot be allowed as deduction? - HELD THAT:- The assessee company is a part of the Unitech Group. It would be pertinent to refer to the judgment in the case of Bhupinder Singh Vs. Unitech Ltd.[ 2020 (1) TMI 1185 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts and under the circumstances of the case, the Ld. CIT(A) has erred in deleting disallowance of ₹ 6,00,01,073/-, ignoring the fact that the total maintenance charges received by the appellant irrespective of its nomenclature constitutes revenue receipts and appropriation out of the same for so called sinking funds cannot be allowed as deduction. 2. Whether on the facts and under the ci ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 1961. 4. Whether on the facts and under the circumstances of the case, Ld. CIT(A) erred in law by deleting the addition/disallowance of ₹ 19,66,540/- made by the AO u/s. 2(24)(X) r.w.s. 36(1)(va) on account of delayed payment of EPF and ESIC, ignoring the clarification issued by the binding Circular No. 22/2015 of CBDT. 5. The appellant craves to be allowed to add any fresh groun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r: Clause vii - Pending further orders of this Court, there shall be a moratorium against the institution of proceedings against Unitech Limited and its subsidiaries. The moratorium shall also extend to existing proceedings against the company as well as the enforcement of orders that may have been passed against the company. 5. In light of the aforementioned judgment of the Hon'ble ..... X X X X Extracts X X X X X X X X Extracts X X X X
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