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2015 (2) TMI 1270 - HC - Income TaxDisallowance of payment made to S.R. Batliboi and Company for services rendered by them - allowable business expenditure - Held that:- The assessee did not do any such thing nor even any attempt was made to do so. Naturally, the assessing officer disallowed the expenditure and the Tribunal upheld it, if we may say so correctly. Mr. Bajoria, learned senior advocate, submitted that misunderstanding on the part of the assessee was at the root of the matter which is why the appropriate evidence could not be brought to the notice of the assessing officer. He submitted that an opportunity should be granted to the assessee to produce all relevant evidence to show that the sum of ₹ 11 crores was incurred by the assessee for appropriate reasons. This question of fact, we are inclined to think, may be enquired into further for the purpose of examining the grievance of the assessee, if any. For that limited purpose, the matter is remanded to the assessing officer. He shall permit the assessee to adduce such evidence as the assessee wants to rely upon and shall consider the matter in accordance with law.
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