Shanti Prime Publication Pvt. Ltd.
Sec. 37(1) of the Income-tax Act, 1961 - Business expenditure - Revenue filed SLP before Supreme Court against the order of High Court but on instructions issued by the Department of Revenue, Ministry of Finance vide F.No.390/Misc./116/2017-JC dated 22.08.2019, withdrew the same along with pending applications therein due to low tax effect. - JT. CIT V/s HATSUM AGRO PRODUCTS LTD. - [2020] 269 TAXMAN 462 (SC)