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2016 (1) TMI 537 - AT - Income TaxDisallowance of expenditure on account of not carrying any business activity - Held that:- We find from the details of the expenses filed in paper book and in the order of the Commissioner of Income Tax (Appeals) that those expenses were bare minimum required for the purpose of securing interest of the company for defending legal cases in connection with the liabilities, protection of assets and pursuing legal cases with the Government Departments. We find that the learned Commissioner of Income Tax (Appeals) has considered all the facts and circumstances of the case and upheld the disallowance of ₹ 4,07,050/-. In our opinion, the learned Commissioner of Income Tax (Appeals) has passed a reasoned and justified order and we do not find any reason for interfering into the findings of the Commissioner of Income Tax (Appeals). - Decided against revenue
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