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2020 (4) TMI 529 - AT - Income TaxExpenditure allowable u/s 37 (1) - disallowance ‘Scholarship Expenses’ treating the same as not incurred wholly and exclusively for the purpose of the profession of the appellant - assessee is an advocate by profession and is a designated Senior Advocate of the Hon'ble Supreme Court of India and is deriving income from business or profession, income from house property, income from capital gain and income from other sources - HELD THAT:- It is an undisputed fact that the appellant is a well known Supreme Court Lawyer. The agreement with Exeter College, the University of Oxford, exhibited hereinabove, is self-explanatory. We find that on identical circumstances, the co-ordinate bench in assessee’s own case for Assessment Year 2011-12 [2019 (8) TMI 731 - ITAT DELHI] had the occasion to consider a similar disallowance and came to the conclusion that such disallowance cannot be sustained and directed the Assessing Officer to delete the same. - Decided in favour of assessee.
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