Allowability of expenses incurred on higher studies of director’s son

Allowability of expenses incurred on higher studies of director’s son – Matter remanded back to CIT(A) IN THE ITAT AHMEDABAD BENCH ‘C’ Deputy Commissioner of Income-tax versus Inox India Ltd. IT Appeal Nos. 1095 & 1096 (Ahd.) of 2010 [ASSESSMENT YEARS 1997-98 & 1998-99] NOVEMBER  23, 2012 ORDER Kul Bharat, Judicial Member These two appeals of the Revenue are directed against the common order of the Commissioner of Income-tax (Appeals)-I, Baroda (“CIT(A)” for short), dated December 18, 2009, pertaining for the assessment years 1997-98 ...