Kohli, the Ld. Departmental Representative,
submitted that the assessee has paid kickbacks for supplying
material to Iraq under "Food for Oil Programme". According ... assessee is also found to be one of the
companies paid kickbacks to Iraqi Government and its agents. The
Assessing Officer disallowed the claim
Diebold Systems (P) Ltd. vs Assistant Commissioner Of Income Tax on 21 April, 2006
Equivalent
3500 Crores in the deal, it was natural that some kickback would go
the persons who had done them this favor. Therefore, the money ... sister concern of
Swan Telecom, to the assessee was kickback money of 2G scam.
Accordingly, the advance of Rs.25.11 Crores was added
sheets were really payments made to
various agencies in the form of kickbacks and that is the reason why the
appellant is hesitant to admit