commission debited in the P&L Account was actually incentive paid in lieu of
salary. It was due to use of wrong head/wrong
business of CT Scan,
Ultra Sound and X-rays and it had debited certain amount of
expenditure on account of commission paid to the practicing ... also equally
bad and hence both were privies to a wrong. Therefore, payment of
commission to private doctors was held as not allowable expenditure
approaching the said issue from a wrong angle. He contended that
the first appellate authority and the Tribunal directed deletion of
the disallowance made ... only on the ground that the said amount was not
debited to the profit and loss account by totally misreading the
provisions laid down under
proceeding, the Ld. CIT(A) found that the
Ld. AO had taken wrong impression that the other income is from
interest. In fact, the other ... business. Hence the Ld. DR
submitted that the Ld. CIT(A) has wrongly allowed deduction in
respect of these incomes.
18. Per contra
relatable to the P.Y. 2013-14 in full but wrongly
disallowed 25% of the remaining site expenses and purchases which comprised of
those relatable ... seen that expenditure towards site expenses debited to the P&L Account was
Rs.54,22,325/-. The expenditure disallowed
sheet of the firm. Any adjustment with regard to this amount is
wrong and not acceptable.
In rejoinder dated 15.10.2014, the AO also submitted that ... mistake on the part of the Assessee that he did not debit the amount to
the capital account of the partner ShriVivekBhusan. The owner
Tata Consultancy Services Ltd, Mumbai vs Acit Large Tax Payer Unit-1, Mumbai on 11
N.K. Proteins Pvt. Ltd.,, Ahmedabad vs The Deputy Commissioner Of Income Tax, ... on 16
Toyota Industries Engine India Private ... vs Dcit, Bangalore on 21 March, 2022
IN THE INCOME
Dell India Private Ltd.,, Bangalore vs Jcit, Bangalore on 18 August, 2022
IN THE INCOME