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2018 (8) TMI 1136 - ITAT DELHIDisallowance of unpaid operational charges - assessee has filed the copy of ledger account of the said expenses debited to the profit and loss account, but the same have not been verified either by the AO or by the ld. CIT(A) so as to ascertain as to why ONGC has paid lesser amount as compared to the bills raised by the assessee. - The AO has also observed that some payment might have related for the previous year, but it has been debited to the current year’s profit and loss account. The assessee has not furnished any bill-wise reconciliation statement clarifying as to for how much amount the bills were raised and how much was actually received by the assessee from ONGC. It was also not explained, if there was any agreement with ONGC for payments lesser than the bill amounts. Matter remanded back to the file of AO for verification.
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