Dies & Productivity Expenses are Revenue Expenditure: ITAT Follows Consistency Rule

DCIT Vs Shriram Pistons And Rings Ltd. (ITAT Delhi) SEO Titles: ITAT Delhi Dismisses DCIT Appeal on Low Tax Effect, Consistency Principle This document presents the Order of the Income Tax Appellate Tribunal (ITAT), Delhi, concerning two appeals filed by the Revenue (DCIT) against separate Orders of the Ld. CIT(A)/NFAC, Delhi, related to Assessment Years (AY) 2015-16 and 2020-21. The assessee in the case is Shriram Pistons And Rings Ltd. Appeal for AY 2015-16 The Revenue’s appeal for AY 2015-16 (ITA No. 4123/Del/2024) challenged the Ld. CIT(A)’s decision to allow the assessee’...