Case Law Details
ACIT Vs M/s. Modi Rubber Limited (ITAT Delhi)
Disallowance had been made on ad-hoc basis without pointing out any defects in assessee books or vouchers maintained for impugned expenses, and, the same was not, therefore, sustainable.
FULL TEXT OF THE ITAT JUDGMENT
This appeal has been filed by the Revenue against the order dated 20/01/2014 passed by the Ld. Commissioner of Income-tax (Appeals)-V, New Delhi [in short ‘the Ld. CIT(A)’] for assessment year 2009-10, raising following grounds:
1. Whether on the facts and circumstances of the case & in law, the Ld. CIT(A) is justified the disallowance of expenses of Rs.21,90,000/- out of total expenses of Rs.73,77,381/- made by the A.O. u/s 37(1) of the Income-tax Act, 1961 (hereinafter referred to as “the Act”)?
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Dear sir,
if you have any case laws related to adhoc disallowance of salary expense and we provide details of salary payment by bank and documentary evidences, because of this judgement in the favour of assesse.#
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