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2008 (1) TMI 586 - KARNATAKA HIGH COURTSalary- The assessee, a limited company paid club fee on behalf of its executives who were members of respective club on account of their being the expenditure of the company and claimed that it had obtained corporate membership fees to clubs as perquisites and raised a demand under section 201 (1A) of the Act. The Commissioner (Appeals) upheld the order of assessing officer. The Tribunal allowed the appeal preferred by assessee. Held that- since the Assessing Officer has failed to take into consideration the material prouced by the assessee, the order were to be set aside and matter was to be remanded to the Assessing Officer to reconsider the whole issue.
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