The Commissioner Of Income Tax v. Tata Ssl Ltd

IN THE HIGH COURT OF JDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1323 OF 2010 The Commissioner of Income Tax Vs. TATA SSL Ltd. ..Appellant. ..Respondent. Mr. Vimal Gupta, A.P.P. for the Appellant. Mr. Dinesh Vyas, Sr. Counsel with Mr. Ajit Shah with Mr. Shrihari Iyer for Respondent. CORAM : J.P. DEVADHAR ANDSMT.R.P. SONDURBALDOTA, JJ.DATE : 7TH JUNE, 2011. P.C. Whether the tribunal was justified in holding that Rs.65,45,175 paid by the asessee to M/s. Renoir Consultancy towards consultancy charges was a revenue expenditure is the question raised in this appeal. The tribunal in Para 15 of its order has recorded a finding of fact that as a consequence of study carried out by the Renoir Consultancy and on account of implementation of various suggestions given by Renior Consultancy, the profitability of the company had improved and accordingly the expenditure incurred by the assessee was allowable expenditure. In our opinion, as the decision of the Tribunal is based on finding of fact, no question arises. Hence, appeal is dismissed. ( SMT.R.P, SONDURBALDOTA,, J. ) (J.P. DEVADHAR, J.)