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TMI Blog2017 (1) TMI 879X X X X Extracts X X X X X X X X Extracts X X X X ..... aring for the appellant and Ms. Asha Desai, learned Counsel appearing for the respondent. 2. This appeal filed by the appellant-Assessee challenges the order dated 12th August, 2015 passed by the Income Tax Appellate Tribunal (ITAT), Panaji, Goa in ITA No. 200/PNJ/2015, disallowing expenditure of 77,97,620/-, allegedly incurred by the Assessee during the Assessment Year 2011-12, towards incentive ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... expenditure of77,97,820/- incurred by the Assessee during the Assessment Year 2011-12 as business expenditure. The matter carried to ITAT by the Department. The ITAT, by the impugned Order, confirmed the nature of the payment as legal, but disallowed the deduction on the ground that the Assessee had not been able to prove that the payments made were in fact disbursed to the Port workers. At paragr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... present appeal. 4. Mr. Menino Pereira for the Assessee states that the Assessee is in possession of a number of vouchers and is in a position to establish that such expenditure was, in fact, incurred by the Assessee for the purpose of its business and requests for an opportunity to the Assessee to produce the vouchers. According to him, the vouchers produced earlier were only by way of an exampl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re the Assessing Officer and dispose of the appeal in the following terms: Order (I) The impugned order dated 12th August, 2015, passed by the Income Tax Appellate Tribunal (ITAT), Panaji, Goa in ITA No. 200/PNJ/2015 is quashed and set aside. (II) The matter is remanded to the Assessing Officer for the limited purpose of giving an opportunity to the Assessee by production of additional evidence ..... X X X X Extracts X X X X X X X X Extracts X X X X
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