Allowability of Bonus as Part of Partners Remuneration- ITAT restores matter to CIT(A)

Anil Kumar Singh Vs ACIT (ITAT Patna) Brief facts of the case are that the assessee is an individual engaged in the business of contractor. Income of Rs. 27,22,745/-declared in the return of income filed on 04.01.2008. Case of the assessee selected for scrutiny and assessment u/s 143(3) of the Act was completed on 02.12.2009 at a total income of Rs. 55,35,590/-. The assessee preferred appeal before the ld. CIT(A) and got part relief. Later on ld. AO noticed that the assessee has claimed excess remuneration of Rs. 16,38,664/- and treating it as a mistake apparent from record, passed the order u...