auditor for disallowance of expense
under this head. Therefore, again the disallowance is not justified.
The ld CIT DR has relied on the order ... only confirmed the
disallowance of Rs.1,00,000/-. Therefore, disallowance of Rs.1,20,000/-
confirmed by CIT(A) is otherwise not justified
Goodyear India Ltd. v. CIT ;
( 2) CIT v. Premier Breweries Ltd. ;
( 3) Ram Bahadur Thakar Ltd. v. CIT .
It has, therefore, been prayed ... Iron & Engg. Co. v. CIT ;
(iii) Dinesh Mills Ltd. v. CIT and
( iv) Nidhipati Singhania v. Asstt. CIT
appeal before the ld. CIT(A), the ld CIT(A) directed the AO to
restrict the disallowance on reasonable basis in view of the decision ... making disallowance has not recorded objective satisfaction before making
disallowance. The assessee has own sufficient funds available with it and no
interest disallowance was warranted
exclusively for the
purpose of its business the sustaining the disallowance by the
learned CIT(Appeals) is on mis-appreciation of facts, arbitrary,
erroneous ... purpose
of its business, the sustaining of the disallowance by the
learned CIT(Appeals) is arbitrary, excessive, erroneous and bad
in law.
c. That
addition, learned CIT(A)(C) has relied on irrelevant considerations.
3. That learned CIT(A)(C) has erred in disallowing Rs. 2 lakhs paid ... disallowed the commission payment of Rs. 4,46,667 paid to Mrs. Samira Mallya. On further appeal, the CIT(A) confirmed the disallowance
certain disallowances have been deleted, assessing officer is in
Page 4 of 43
appeal and for the addition/disallowance is confirmed by the CIT ... arising
should not have been considered for working of disallowance. The
learned CIT - A accepted the same and applied the multiplying factor
exclusively for the
purpose of its business the sustaining the disallowance by the
learned CIT(Appeals) is on mis-appreciation of facts, arbitrary,
erroneous ... purpose
of its business, the sustaining of the disallowance by the
learned CIT(Appeals) is arbitrary, excessive, erroneous and bad
in law.
c. That
exclusively for the
purpose of its business the sustaining the disallowance by the
learned CIT(Appeals) is on mis-appreciation of facts, arbitrary,
erroneous ... purpose
of its business, the sustaining of the disallowance by the
learned CIT(Appeals) is arbitrary, excessive, erroneous and bad
in law.
c. That
exclusively for the
purpose of its business the sustaining the disallowance by the
learned CIT(Appeals) is on mis-appreciation of facts, arbitrary,
erroneous ... purpose
of its business, the sustaining of the disallowance by the
learned CIT(Appeals) is arbitrary, excessive, erroneous and bad
in law.
c. That
assessed
the income by making addition of Rs.51,40,632/- disallowing
commission payment, addition on account of interest of Rs.15,694/-
and disallowance ... rightly deleted the impugned
addition made by the Assessing Officer disallowing commission of
Rs.5140632/- and we find that the same has been incurred wholly
