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2015 (9) TMI 1060 - DELHI HIGH COURT

2015 (9) TMI 1060 - DELHI HIGH COURT - TMI - Admission of additional evidence - Held that:- It is seen that before the CIT (A), the Assessee did produce the details on the basis of which the CIT (A) reduced the disallowance proportionate to the expenditure incurred on behalf of the sister concerns both as regards the sales and distribution expenses and administrative expenses. These details have been set out in the order of the CIT (A). The ITAT has also concurred with the finding of the CIT (A) .....

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- S Muralidhar & Vibhu Bakhru, JJ For The Appellant : Mr Rahul Chaudhary, Senior Standing counsel. For The Respondent : None JUDGEMENT 1. This appeal by the Revenue under Section 260A of the Income Tax Act, 1961 ('Act') is directed against the impugned order dated 20th February 2015 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 1543/Del/2011 for the Assessment Year ('AY') 2007-08. 2. In the present appeal, although certain questions of law have been .....

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businesses of the sister concerns of the Assessee. The third concerns the disallowance by the AO of depreciation in the sum of ₹ 3,11,610 on ground of non-use of assets by the Assessee. 4. Mr. Chaudhary has taken the Court through the orders passed by the AO, the Commissioner of Income Tax (Appeals) ['CIT (A)'] and the ITAT. He pointed out that considering that the Assessee had failed to produce details and books of accounts for verification before the AO, the evidence produced by .....

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