Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (2) TMI 2059 - AT - Income TaxTP Adjustment - depreciation on fixed assets purchased from AE - HELD THAT:- As relates to the depreciation on fixed assets the same is covered by the assessee’s own order for Assessment Year 2009-10 to order deletion of addition made by disallowing or reducing the amount of depreciation on the assets purchased from AE. Addition of receivables - The issue covered in favour of the assessee by the decision of the Hon’ble Delhi High Court in case of Kusum Health Care [2017 (4) TMI 1254 - DELHI HIGH COURT]. Salary of employee and disallowance of TDS and sales promotion expenses the same need to be verified by the Assessing Officer as there is additional evidence filed by the Assessee at this stage. The said additional evidence needs to be taken into account while making observation by the Assessing Officer. Therefore, this issue is remanded back to the file of the Assessing Officer. Appeal of the assessee is partly allowed for statistical purpose.
|