Disallow - Judgment Search Results

Joint Commissioner of Income Tax, Vs. I.T.C. Ltd.

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2008)112ITD57(Kol.)

..... of the expenditure incurred by the assessee company towards travelling he only made the adhoc disallowance of 1 out of travelling expenditure on estimate basis therefore in our opinion this ..... by any material evidence on record whereas while deciding ground no 12 i e regarding disallowance of miscellaneous expenditure we have already held that advertisements through sponsorship events and through .....

Joint Commissioner of Income Tax Vs. I.T.C. Ltd.

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2008)115TTJ(Kol.)45

..... has relied on the order of ao the learned departmental representative has submitted that disallowance on account of notional income from dismantling fabrication material out of fabrication expenses ..... any material evidence on record whereas while deciding ground no 12 i e regarding disallowance of miscellaneous expenditure we have already held that advertisements through sponsorship events and .....

Asstt. Cit, Rg. 4(1) Vs. Claridges Investments and

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... expenses therefore should not have been forcibly attributed to the dividend income and then disallowed by the assessing officer the learned departmental representative reiterated the same arguments as ..... by the assessee the assessing officer had nothing more than conjectures surmises and suspicion disallowances had been made without examining the relevant evidence like contract notes payments made .....

Sujay Trading Pvt. Ltd. Vs. Joint Commissioner of Income Tax,

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... source of earning interest does not necessitate much expenditure on these observations the ad hoc disallowances have been made without going into the details and without assigning any reason 16 learned ..... commenced and only those expenses which we incurred for earning interest were allowable and made disallowance therefore in my opinion the expenses needs to be examined afresh in regard to repairs .....

Asstt. Commissioner of Vs. Shree Sajjan Mills Limited

Court: Income Tax Appellate Tribunal ITAT Indore

Reported in: (2008)112ITD135Indore

..... cheques dds and strictly as per agreements the learned assessing officer without making any verification disallowed huge amount of commission it was also emphasized that no textile mill could run ..... without appointing brokers agents and without making payment of brokerage commission to them accordingly the disallowance made was submitted to be unjustified and deserved deletion 5 the learned cit a .....

Simbhaoli Sugar Mills Ltd. Vs. Asstt. Cit, Range-1

Court: Income Tax Appellate Tribunal ITAT Delhi

..... appeals to this effect 4 a that the learned commissioner appeals has erredin confirming the disallowance of rs 9 30 283 towards loss arising onconversion of liability towards foreign currency loan ..... directors of the company was an allowable expenditure and the tax authorities below have wrongly disallowed the impugned expenditure and therefore the order of the commissioner appeals in this regard is .....

Assistant Commissioner of Income Vs. Shree Sajjan Mills Ltd.

Court: Income Tax Appellate Tribunal ITAT Indore

Reported in: (2008)115TTJIndore145

..... payee cheques dds and strictly as per agreements the learned ao without making any verification disallowed huge amount of commission it was also emphasized that no textile mill could run ..... without appointing brokers agents and without making payment of brokerage commission to them accordingly the disallowance made was submitted to be unjustified and deserved deletion 5 the learned cit a deleted .....

Harrisons Malayalam Ltd. Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Cochin

..... that interest bearing funds have been utilised for investment in bonds the assessee objected the disallowance by taking the contention that the company s core business activity is cultivation and ..... operational and therefore the debts did not become irrecoverable the assessing officer therefore made the disallowance of rs 19 48 178 the commissioner appeals confirmed the order of the assessing .....

Assistant Commissioner of Income Vs. Asea Brown Boveri Ltd.

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2007)11TTJ(Mum.)502

..... the circumstances it is submitted that the cit a was not justified in confirming the disallowance 35 in reply the learned departmental representative submitted that the rajasthan high court in ..... of conferences expenses annual general meeting expenses and club expenses for the purpose of computing disallowance under entertainment it is submitted that there is no element of entertainment included in .....

Armour Chemicals Ltd. Vs. Joint Cit, Spl. Range-6

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... been considered the assessing officer has also giving a finding while making the disallowances that statutory disallowances have nothing to do with estimation of profit which means that the assessing ..... sides material on record and orders of authorities below admittedly both revenue authorities have disallowed deduction under section 80 1 for the reason that profits for eligible undertaking could .....