The Commissioner Of Income-Tax, Jalandhar v. M/S Shalimar Films Pvt. Ltd., Jalandhar

IN THE HIGH COURT OF PUNJAB AND HARYANA ATCHANDIGARH ITAa112;ZOOL Date of Decision: 17.12.2014 The Commissioner of Income-tax, Jalandhar VERSUS .-. Appellant M/s Shalimar Films Pvt. Ltd., Jalandhar .. Respondent CORAMHON2BLE MR. JUSTICE RAJTVE BHALLAHON2BLE MR. JUSTICE B.S. WALIA PresentMr.Vivek Sethi, Advocate, for the appellant. KK OK K RAJIVE BHALLA, J. (ORAL) The revenue challenges order dated 21.07.2000, passedby the Income Tax Appellate Tribunal, Amritsar Bench, Amritsar, onthe following substantial questions of law: - “11Whether, on the facts and in the circumstances ofthe case, the Ld. ITAT was right in law in upholding theorder of the CII(A) deleting addition of Rs.2,45,3801/made on account of accrued hire receipts in view of theSupreme Court decision reported at 91-CTR-108?2 Whether, on the facts and in the circumstances ofthe case, the Ld. ITAT was justified in law in confirmingthe order of the CII(A) deleting the addition ofRs.85,974/- on account of unspent amount of publicityexpenses sanctioned by the producers?” We have heard counsel for the revenue, perused the impugned order and as the questions of law have already beenanswered against the revenue inTTC311992(The Commissioner ofIncometax, Jalandhar Vs. M/s Ashirwad Pictures, Jalandhara answer the questions of law against the revenue and dismiss theappeal, | RAJIVE BHALLA |JUDGE 17.1227014 |Shamsher S.Sabharwal 1 B.S. WALIA |JUDGE