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2019 (3) TMI 1966 - AT - Income TaxDisallowance of expenditure under various heads - Addition on the ground that the assessee has claimed huge and exorbitant expenses and the genuineness of the same were not established - as per CIT-A expenditure claimed by the assessee are incurred as well as directly relatable for the purpose of earning profit on the activities carried out by the assessee and therefore the disallowance made by the AO is unjustified - HELD THAT:- DR has not been able to controvert the findings of First Appellate Authority. In the absence of any contrary material, we find no reason to interfere with the reasoned findings of Commissioner of Income Tax (Appeals). The same are upheld, accordingly and the appeal of Revenue is dismissed being devoid of any merit. - Decided against revenue.
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