9911796707
TMI Blog1982 (3) TMI 168X X X X Extracts X X X X X X X X Extracts X X X X ..... lusion of the income of Rs. 40,950 in the total income of the firm. According to the department, this income relating to the period 1st September 1974 to 31st August 1975 is assessable in the hands of Shri M. Uttam Reddi as his individual income, but since the receipts have been admitted in the return filed by the assessee in this case, the ITO has included the same as a protective measure. With r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dition of Rs.500 made in respect of driver s salary. It is pointed out on behalf of the assessee that a similar disallowance of Rs.600 for the earlier year has been deleted by the Tribunal on identical circumstances. Following the earlier order, we delete the disallowance of this amount. 3. The third objection pertains to the disallowance in respect of motor car maintenance, motor car depreciati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d it is stated that the facts and circumstances for the year under appeal are identical. Following the earlier order of the Tribunal, we restrict the disallowance to Rs. 6,000 in the absence of any change in the circumstances. 4. The next objection is to the disallowance of 50% of subscription to clubs. It is pointed out that the claim does not relate to any expenditure on entertainment or other ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... restricted to Rs. 5,325 on the basis of the amount actually received from the purchaser though originally there was an agreement for receipt of a higher amount. It is stated that the sale price originally agreed was Rs. 18,500. The assessee did actually receive only Rs. 13,075 and neither did the assessee receive any further amount in this connection nor has the assessee pursued the claim for bal ..... X X X X Extracts X X X X X X X X Extracts X X X X
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