2010 (6) TMI 799

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..... T(A) dated 19.12.2008 in the matter of assessment made by the AO u/s 143(3) of the Income-tax Act, 1961 (the Act) for Asstt. Year 2005-06. 2. Various grounds of appeal raised by the assessee are directed against CIT(A)'s order in disallowing of expenses of ₹ 4,32,076/-, being 1/3rd of the total expenses of ₹ 12,96,230/- incurred by the assessee on following accounts: (i) Establishme .....

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..... (A) confirmed the AO's action. 5. Hence, the assessee is in appeal before us. 6. In the present case, the assessee is a partnership firm. The assessee filed its return of income declaring total income of ₹ 90,320/-. The assessee's case was selected for scrutiny. The assessee is engaged in the profession of management consultancy providing keyman insurance to corporate organizations and all .....

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..... ubmitted. In the staff welfare, the food allowances given to various employees per month have been detailed out. All telephone expenses have been paid by cheques to MTNL, Bharati Cellular Ltd. etc. Similarly, details of conveyance expenses had also been given. Wherever payment is made by cash, the name of the person concerned to whom the payment has been made in cash towards various expenses are m .....

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