2 July 2010,Friday Kapil Goel B.Com(H) FCA LLB Advocate Delhi ...

BHC in Krupp GmbH• The learned Counsel appearing on behalf of the Revenuehas stated that the first and second question relate to thesame issue namely whether reimbursement of expenseswould be liable to be included in the income and hencethey are taken up together Held• In so far as the issue of reimbursement is concerned, theTribunal held that though there was a conflict between thejudgment of the Kerala High Court, which was relied uponby the Commissioner of Income Tax (Appeals) and thejudgment of the Calcutta High Court in the case of CITV/s. Dunlop Rubber Company Limited….