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The Tax Publishers2020 TaxPub(DT) 2817 (Ranchi-Trib) INCOME TAX ACT, 1961
Section 40(a)(ia)
Ground raised by the revenue was to be dismissed as it was related to assessment year 2007-08 and not for assessment year 2008-09 under consideration, hence, order of CIT(A) was therefore, confirmed.
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Business disallowance under section 40(a)(ia) - Selection of assessment year - Disallowance of consultancy charges -
Addition disallowance under section 40(a)(ia) was made by AO on account of payments made as consultancy charges to Ms. Udhe. On appeal, CIT(A) deleted the addition. Held: The above ground raised by the Revenue did not relate to assessment year 2008-09. Counsel for the assessee informed the Bench that the ground related to assessment year 2007-08. Tribunal examined the assessment Order and Order of CIT(A) deleting the addition and noted that there was no any discussion about addition under section 40(a)(ia), therefore, the ground did not relate to assessment year 2008-09, hence, Tribunal, therefore, dismissed ground raised by the revenue.
REFERRED :
FAVOUR : In assessee's favour.
A.Y. : 2008-09 to 2010-11
INCOME TAX ACT, 1961
Section 143(3)
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