S. 54 Exemption cannot be denied for payment by third party if subsequently reimbursed by the Assessee

ITAT DELHI BENCH ‘G’ Sunil Sachdeva versus Assistant Commissioner of Income-tax IT Appeal No. 4179 (Delhi) of 2011 [ASSESSMENT YEAR 2008-09] Date of Pronouncement – 15.01.2013 ORDER ShamimYahya, Accountant Member This appeal by the Assessee is directed against the order of the Ld. Commissioner of Income Tax (Appeals), Panchkula dated 26.8.2011 pertaining to assessment year 2008-09. 2. The grounds raised read as under:- 1. That on the facts and in the circumstances of the case, the Ld. Commissioner of Income-tax (Appeals), Panchkula (“the CIT(A)”...