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Aalap Digital Music Pvt. Ltd.,New Delhi vs Acit Circle 1(1), New Delhi on 10 January, 2025 cites

Commissioner Of Income Tax vs Exxon Mobil Lubricants Pvt. Ltd. on 8 September, 2010

o CIT vs. Exxon Mobile Lubricants Pvt Ltd 8 Taxmann.com 249 (Del) The facts of the case are that agreement was entered into with a company "E" in August 2002 with retrospective effect from Jan to March 2002. The assessee incur expenses in January to march 2002 and the same were claimed as prior period expenses during AY 2003-04. The said claim was rejected by the AD on the ground that the expenses were actually incurred during AY 2002-03.
Delhi High Court Cites 7 - Cited by 34 - Manmohan - Full Document

Escorts Ltd., New Delhi vs Dcit, Circle- 11(1), New Delhi on 5 May, 2022

" In the present case, the appellant has considered the relevant receipts in the books of accounts on 22/09/2016 i.e. FY 2016-17 whereas the liability of the royalty expenses was crystalized vide agreement dated 20/12/2015. Thus it can be seen that the facts of present case are not identical to the case law relied upon by the appellant. Hence the contention of the appellant is not acceptable, The appellant has relied upon another decision of Hon'ble ITAT Delhi in the case of Escorts Ltd Vs. DCIT 90 Taxman 272. I find that in this case, the disallowance made by the AO on account of prior period of expenses were partly confirmed by the Ld CIT(A) however Hon'ble ITAT deleted the disallowance on the ground the said expenses were not prior period expenses but the same was current years expenditure. Thus it can be seen that the facts of present case are not identical to the case law 10 ITA No.2034/Del/2023 relied upon by the appellant. Hence the contention of the appellant is not acceptable.
Income Tax Appellate Tribunal - Delhi Cites 3 - Cited by 5 - Full Document
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