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

2016 (8) TMI 965 - CALCUTTA HIGH COURT

2016 (8) TMI 965 - CALCUTTA HIGH COURT - TMI - Allowance of non-business expenditure - Whether Learned Tribunal was justified in law to allow the non-business expenditure claimed to have been given to a third party on oral understanding only? - Held that:- The question suggested by the revenue has been indicated above. From the question it appears that the payment was made to a stranger, whereas from the findings recorded both by the CIT(A) and the learned Tribunal it appears that the payment wa .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

dvocate For Appellant Mr. Siddharth Das,Advocate For Respondent ORDER The Court : The subject matter of challenge in the appeal is a judgment and order dated 20th January, 2016 passed by the Income Tax Appellate Tribunal, B Bench, Kolkata in ITA No.876/Kol/2013 pertaining to the assessment year 2009-10 by which an appeal preferred by the revenue was dismissed. The revenue has come up in appeal. The following question of law has been suggested. Whether on the facts and in the circumstances of the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ising the work of timely lifting of goods and their subsequent delivery to the parties or following up payments thereof . In an appeal preferred by the assessee, the order of the assessing officer was reversed by the CIT(A) taking into account the additional evidence adduced by the assessee. Copies of the additional evidence adduced by the assessee were duly furnished to the assessing officer. The assessing officer filed a remand report dated 31st December, 2012 reiterating exactly the same grou .....

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