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2015 (10) TMI 1381 - ITAT HYDERABADDisallowance u/s. 40(a)(ia) delay in remitting TDS within the time allowed into Government account - Held that:- As it has been admitted by the assessee itself that the TDS has been remitted into Government account on 5.10.2009, we direct the CIT(A) to allow the TDS payment in the next year. Disallowance of depreciation - Held that:- AO has passed ex-parte order u/s. 144 of the Act and reasonable opportunity was not given to the assessee to represent its case. Assessee submitted that the assessee is in possession of relevant bills with respect to purchases made during the year under consideration. However, the same were not produced even before the CIT(A). In the interest of justice, we remit the issue back to the file of the CIT(A) to examine the bills and thereafter consider the claim of depreciation made by the assessee. - Decided in favour of assessee for statistical purposes. Disallowance of various expenses incurred by the assessee - Held that:- CIT(A) has not applied his mind on disallowance pertaining to (1) packaging charges, commission expenses and (2) distribution charges and, therefore, we remit the issue of disallowance of expenditure in respect of the above three items to the file of the CIT(A) with a direction to adjudicate upon these items in the light of the evidences produced by the assessee before him, and decide in accordance with law.- Decided in favour of assessee for statistical purposes. Disallowance of expenditure incurred for material consumed - CIT(A) allowed the claim - Held that:- CIT(A) has given a finding that increase in material consumption has effected a corresponding increase in circulation revenue. It is the basic principle that when there is a rise in circulation revenue there should be a corresponding increase in material consumption. The consumption of raw material increases on printing more number of copies of printed publication. Hence, we are in conformity with the order of the CIT(A) on this issue and allow the expenditure incurred for material consumed - Decided in favour of assessee
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