2009 (8) TMI 1236

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..... owing two questions:- a) Expenditure on food and gifts amounting of ₹ 5,76,249. b) Service charges to the extent of ₹ 41,80,949. 2. The assessee had claimed the aforesaid expenses as business expenses . The Assessing Officer disallowed these experses. CIT Appeal, however, reverse the order of the Assessing Officer and allowed those expenses. This order has been confirmed by the ITAT .....

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..... re we are of the opinion that these expenses are rightly allowed as the business expenditure. 4. In so far as the payment of ₹ 41,80,949 concerned, the assessee had entered into contract with certain persons utilizing their liaison services. The CIT appeal found as that fact in the case of Government supplies, even though the orders are placed through open tenders, still services of agents .....

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