Fees & Other Consultancy Expenses related to Income-tax matters are allowable

IN THE ITAT MUMBAI BENCH ‘J’ Tata Chemicals Ltd. versus Assistant Commissioner of Income-tax IT Appeal NoS. 5181 & 5452 (Mum.) of 2002 [Assessment year 1985-86] July 13, 2012 ORDER Dinesh Kumar Agarwal, Judicial Member  These cross appeals by the assessee and Revenue are directed against the order dtd. 18-07-2002 passed by the ld. CIT(A) – II, Mumbai for the A.Y. 1985-86. Both these appeals are disposed of by this common order for the sake of convenience. 2. Briefly stated facts of the case are that the assessee company is engaged in the business of manu...