THE HON BLE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA AND HON BLE SRI JUSTICE SANJAY KUMAR I.T.T.A.No.12 of 2015 DATED:20.03.2015 Between Commissioner of Income Tax IV, Hyderabad. Appellant And M/s. Leo Laminate Pvt. Ltd., Hyderabad. .Respondent HON BLE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA AND HON BLE SRI JUSTICE SANJAY KUMAR I.T.T.A.No.12 of 2015 Judgment: (per Hon ble Chief Justice Sri Kalyan Jyoti Sengupta) appeal is sought to be preferred and admitted against judgment and order of learned Tribunal dated 9.10.2009 in relation to assessment year 2005-06. We have heard learned counsel for appellant and have gone through impugned judgment and order of learned Tribunal. We find on fact, learned Tribunal found that sum of Rs.11,25,200/- was incurred towards business expenditure. aforesaid amount was spent on account of sponsoring of apprentice, who is son of Managing Director of assessee- company for acquiring higher education and after completion of same, he will resume work. This income was shown in books of accounts of assessee and books of accounts have been accepted by Assessing Officer and all authorities below. In view of situation, we are unable to admit appeal. There is no element of perversity as regards factual finding. appeal is accordingly dismissed. Pending Miscellaneous applications shall also stand closed. No order as to costs. K.J. SENGUPTA, CJ SANJAY KUMAR, J 20th March, 2015 Pnb Commissioner of Income-taxIV, Hyderabad v. Leo Laminate Pvt. Ltd