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2017 (1) TMI 764 - AT - Income TaxDisallowance of advances and bad debts written off - Held that:- We find that the assessee had written off certain amounts in its P&L account,that the AO had called for details in that regard, in its reply the assessee had filed details about the bad debts/advances written off and nature of the expenditure in dispute,that the AO did not make any enquiry and did not consider the reply while finalising the assessment,that general comments were made by AO in the assessment order,that the FAA had simply endorsed the view of AU without considering the judgments relied upon by the assessee. In these circumstances we are of the opinion that the issue needs further verification and investigation. Therefore, in the interest of justice we are restoring back the issue to the file of AO for fresh adjudication Disallowance on non deduction of TDS u/s. 195 - assessee had argued that the payments were reimbursement,that no deduction was to be made with regard to the reimbursement payments - Held that:- Considering the fact that payments in question were reimbursements, we reverse the order of the FAA and decide the issue in favour of the assessee.
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