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2014 (4) TMI 923 - AT - Income TaxDisallowance of entrance fees paid to the Bangalore Club – Held that:- Necessary materials have been produced before the AO as well as before the DRP with regard to nature of payment - the AO and the DRP have stated that no documentary evidences were produced before them to take a positive view in favour of the assessee, the issue was decided against the assessee company - no details are placed with regard to the nature of the payment, the issue cannot be decided on merits - one more opportunity need to be given to the assessee to prove its case - the assessee is directed to produce documentary evidence with respect to payment of entrance fee to Bangalore Club and nature and break up the expenses – thus, the matter is remitted back to the AO for fresh consideration – Decided in favour of Assessee.
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