Performance Related Pay claim not allowable in absence of specific documents

ACIT (OSD) Vs Eastern Coalfield Limited (ITAT  Kolkata) Held that assessee failed to provide details of calculation of the Performance Related Pay; also failed to prove the authority to pay the Performance Related Pay to the employees hence claim of Performance Related Pay is unsustainable Facts- The assessee is a subsidiary of Coal India Ltd. Its main business is raising coal and selling it as per the guidelines issued by the Ministry of Coal from time to time. Assessment under Section 147 r.w.s. 143(3) of the Act for assessment years 2010-11 & 2011-12 was completed on 11.2015 after maki...