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TMI Blog2018 (6) TMI 1569X X X X Extracts X X X X X X X X Extracts X X X X ..... at annexure-VII to clause 21(Business)(i) & (ii). This factual aspect was not controverted by the Revenue. There is uncontroverted finding in the impugned order that such expenses has not been claimed by the assessee, therefore, the addition was rightly deleted, consequently, we affirm the stand of the CIT (Appeal). Disallowance on account of rent payment - assessee explained that the office sp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... missioner of Income Tax (Appeal) is affirmed. - ITA NO. 5846/Mum/2016, C.O. No.142/Mum/2016 - - - Dated:- 5-6-2018 - Shri Joginder Singh, Judicial Member And Shri G. Manjunatha, Accountant Member Revenue by : Shri Saurabh Deshpandey-DR Assessee by : Shri Ritesh Singh ORDER Per Joginder Singh (Judicial Member) The Revenue is aggrieved by the impugned order dated 15/06/201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ct was not controverted by the Revenue. There is uncontroverted finding in the impugned order that such expenses has not been claimed by the assessee, therefore, the addition was rightly deleted, consequently, we affirm the stand of the Ld. Commissioner of Income Tax (Appeal). 3. The next ground raised by the Revenue pertains to disallowance of sum of ₹ 1,39,73,469/- on account of rent pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arketing India Ltd., the right to assign the premises as per clause-14 of the agreement, which has been reproduced in the impugned order and uncontroverted fact that above two group companies along with the assessee shared the premises and the rent/amenities, therefore, it is an allowable expenditure. The stand of the Ld. Commissioner of Income Tax (Appeal) is affirmed. 4. So far as, the cross ..... X X X X Extracts X X X X X X X X Extracts X X X X
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