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2017 (1) TMI 953 - AT - Income TaxAllowable business expenditure - Claim of expenditure for the purpose of business - Held that:- At the level of the Tribunal, we are unanimous for confirming disallowance roughly in between 5% to 10% of the total disallowances unless the assessee proved that expenditures were incurred exclusively for the purposes of business. Assessee has pointed out that out of office repair and business promotion, the ld. Assessing Officer has made double disallowance i.e., in the case of M/s Delhi Investigators as well as M/s DI Management International Services. Considering this aspect, concur with the ld. Revenue authorities in principle, but, direct the Assessing Officer to re-examine the details of these expenditure and exclude the item which has been disallowed twice. The disallowance to the extent of 10% or lower to that, excluding double on any of the items is being upheld and if there is any disallowance over and above 10% that would stand deleted. The ld. Assessing Officer may quantify the amounts after providing an opportunity of hearing to the assessee.
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