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2014 (6) TMI 213 - AT - Income TaxDeletion of disallowance of 15% of conference expenses - Deletion of travelling expenses Held that - CIT(A) was of the view that except the claim of 15% of cost, no any other amount on account of amount payable to WWEA had been charged either to income and expenditure account of the assessee or to income and expenditure statement of the conference (workshop) - invoice dated 19-03-2007 WWEA had raised a bill for Euro 32000 against their share in the net surplus of the conference income and the same had been paid by the assessee after deduction of tax u/s 195 of the Act thus, the AO is wrong in coming to a conclusion that the assessee has claimed a deduction twice - Revenue could not controvert the findings of the CIT(A) that the expenditure is different from the conference expenses - There is no double deduction claimed Decided against Revenue.
Issues:
1. Disallowance of conference expenses 2. Disallowance of travelling expenses Conference Expenses Disallowance: The appeal was filed by the Revenue against the order of the Ld.CIT(A) deleting the disallowance of Rs.16,36,854 representing 15% of conference expenses. The assessee, a society registered under Societies Registration Act, 1860, hosted the 5th World Wind Energy Conference & Exhibition in 2006. The agreement with World Wind Energy Association (WWEA) required sharing net surplus after meeting all expenses. The A.O. disallowed the claimed conference expenses. The Ld.CIT(A) found no double deduction and ruled in favor of the assessee. The ITAT upheld the Ld.CIT(A)'s decision, dismissing the Revenue's appeal. Travelling Expenses Disallowance: The Revenue's appeal also challenged the deletion of Rs.2,96,040 disallowed by the A.O. as travelling expenses. The Ld.CIT(A) upheld the assessee's position, stating the expenditure was distinct from conference expenses. The ITAT affirmed the Ld.CIT(A)'s factual finding, dismissing the Revenue's appeal on this ground as well. In conclusion, the ITAT upheld the Ld.CIT(A)'s decision to delete the disallowances made by the A.O. regarding both the conference and travelling expenses. The appeal by the Revenue was dismissed, and the order was pronounced on 21st May 2014.
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