2008 (6) TMI 207

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..... 00/- being reimbursement of electricity charges paid to the lessee - if at all assessee's claim is bonafide, assessee could have produced documents in the form of assessment order completed in the name of the lessee showing inclusion of Rs.5,40,000/- being the reimbursement received from the appellant. Since rental income originally returned by the assessee is a deduction in the computation of bus .....

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..... the Income Tax Department. The only question raised is whether the Tribunal was justified in confirming disallowance of Rs.5,40,000/- towards electricity charges paid by the assessee for the theatre building leased out to another party. It is clear from the Tribunal's order that under the original lease agreement made on 12.12.1984, liability to pay electricity charges is on the lessee and the as .....

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..... have produced documents in the form of assessment order completed in the name of the lessee showing inclusion of Rs.5,40,000/- being the reimbursement received from the appellant. Since rental income originally returned by the assessee is a deduction in the computation of business income of the lessee, the amount subsequently paid by the assessee in the form of reimbursement of electricity charges .....

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