Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (10) TMI 1439 - ITAT DELHI

2015 (10) TMI 1439 - ITAT DELHI - TMI - Disallowance of service charges for getting back the refund from Excise Department - CIT(A) allowed the claim - Held that:- The assessee has filed all the relevant documentary evidences before the A.O. as well as before the Ld. First Appellate Authority which has properly been appreciated by them and the addition in dispute has been rightly been deleted by the Ld. First Appellate Authority. No interference is called for in the well reasoned order passed by .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

whether Ld.CIT(A) was correct in deleting the addition of ₹ 1,43,60,817/- and holding that freight expenses were allowable expenditure being revenue in nature in spite of the facts that these were mainly administrative expenses and the assessee had earned meager amount as other income from this project. 2. On the facts and circumstances of case, whether Ld.CIT(A) was correct in deleting the addition of ₹ 19,90,820/- and holding that these expenses were business expenditure in spite o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

f the present case, I am of the considered view that no useful purpose would be served to issue notice again and again to the assessee at the address given in records. Therefore, I am deciding the issue in dispute ex parte qua the assessee, after hearing the Ld.Sr.D.R. 4. The Assessing Officer completed the assessment u/s 144C(3) of the Act on 25.2.2010 by making the various additions including the addition in dispute. 4.1. Aggrieved by the addition made by the A.O. the assessee filed appeal bef .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rity has adjudicated the issue in dispute in para no.6.1 and 6.2 pages 4 and 5 of the impugned order. For the sake of convenience the same is reproduced hereunder. 6.1 The appellant has submitted that the amount of ₹ 19,90,8201- has been paid to M/s Shyam Enterprises towards their service charges for getting back the refund from Excise Department. The appellant has furnished copy of debit note from M/s Shyam Enterprise in respect of these payments, copy of acknowledgement of Income-tax ret .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version