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1995 (3) TMI 185 - ITAT PUNE
Extract:
.......ayment can lawfully be disallowed both under section 37 as well as under section 40A(2). The learned CIT(A) was, therefore, justified in enhancing the income by disallowing this payment. This issue shall, therefore, stand decided against the assessee. 13. In view of the above discussion, we do not find any force in this appeal and dismiss the same.