Expense on Benami Liquor License Fees not allowed

ITO Vs D. D. & Company (ITAT Delhi) It is not in dispute that the liquor license has been issued in the name of one Mr. Harish Kumar who is only a sales man, whose income is below taxable. As per remand report the 26AS from of past 5 years show that no TCS has been collected against the PAN nor any TDS made and no refund was issued to Mr. Harish Kumar. During the appellate proceedings, the assessee was asked to furnish the indemnity bond of Mr. Harish to ensure that no such claim of expenditure incurred by him for licensee fee is made by him, but no such indemnity has not been given during...