2021 (1) TMI 37 - ITAT MUMBAI - Income Tax

Head Note / Extract:
Disallowing 50% of payments as consultancy fees - HELD THAT:- As decided in favour of assessee [2020 (8) TMI 833 - ITAT MUMBAI] applying the principle of consistency as has been held by the Hon’ble Supreme Court in the case of Radhasaomi Satsang [1991 (11) TMI 2 - SUPREME COURT], in allowing such claim to the assessee in earlier as well as in subsequent years, we hold that there is absolutely no case made out by the revenue for disallowing this sum during the year under appeal.