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2022 (9) TMI 1048 - AT - Income TaxAddition being professional fees diverted by overriding title to retired partners in terms of the Partnership Deed - assessee’s claim of deduction paid to retired partners, claimed on the ground that the amount represented diversion by overriding titlewas rejected by the Assessing officer; and the amount was added to assessee’s income - HELD THAT:- Representatives of both sides were in agreement at the time of hearing before us that the issue in the present appeal before us for Asst. Year 2009-10 is identical to the issue in Asst. Year 2011-12. Representatives of both sides were also in agreement at the time of hearing before us that the facts and circumstances for Asst. Year 2009-10, to which the present appeal before us pertains, are similar to the facts and circumstances of Asst. Year 2011-12 to which aforesaid order [2021 (1) TMI 738 - ITAT DELHI] of Co-ordinate Bench of ITAT, Delhi pertains. - Decided in favour of assessee.
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