9911796707
TMI Blog2013 (12) TMI 1536X X X X Extracts X X X X X X X X Extracts X X X X ..... ent : Shri Ganesh Bare ORDER Per B.R.Mittal, JM: The assessee has filed this appeal for assessment year 2008-09 against the order of ld. CIT(A) dated 14.3.2012 taking the following ground : The ld. CIT(A) erred in confirming the disallowance of ₹ 10,80,000/- under section 40A(2) and administrative expenses of ₹ 2,36,000/-/-paid to M/s Kukreja Services Pvt. Ltd. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t years 2005-06 and 2006-07. AO also observed that assessee did not produce any documentary evidences to prove the exact criteria on which the payment has been made to its sister concern. Accordingly, he disallowed the payments u/s.40A(2)(b) of the Act made to the sister concern by the assessee. In the first appeal, ld CIT(A) restricted the disallowance to ₹ 10,80,000/- lakhs. Being aggrieve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) and ld CIT(A) in the assessment year 2003-04 deleted the addition following the decision of the Tribunal in another group case, namely M/s. Vazirani Land Developers. In the assessment years 2006-07 2007-08 also, on identical facts similar addition has been made by the authorities below was deleted by Tribunal to which one of us is a party (JM). Hence, following the decision of the Tribunal in ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
