November 2018

Section 37(1) Business expenditure Where assessee company had furnished names and PAN numbers of all vendors to whom it had paid repair and maintenance charges for their services, the Tribunal was justified in allowing expenditure on account of such repair and maintainence charges

K. B. BHUJLE
Advocate

11. Principal CIT vs. Rambagh Palace Hotels (P.) Ltd.; [2018] 98 taxmann.com 167 (Delhi):

Date of order: 17th September, 2018

A. Y. 2005-06

 

Section 37(1) Business expenditure Where assessee company had furnished names and PAN numbers of all vendors to whom it had paid repair and maintenance charges for their services, the Tribunal was justified in allowing expenditure on account of such repair and maintainence charges

 

During the year, i.e. A. Y. 2005-06, the assessee had claimed expenditure on account of repair and maintenance charges paid by it to several parties. The Assessing Officer had allowed repair and maintenance charges paid to four parties, who had appeared before him and whose statements were recorded on oath. However, the balance repair and maintenance expenditure was disallowed to the ex

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