Disallowable - 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 .....

Malwa Cotton Spinning Mills Vs. Asstt. Commissioner of

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)89ITD65(Chd.)

..... observed that meeting co promoters contribution was personal obligation and not business obligation and therefore disallowed interest on these advances amounting to rs 7 40 950 not being borrowed for the ..... of punjab woolcombers ludhiana vide its order dated 14th january 2003 supra have held that disallowance out of interest expenditure cannot be sustained in relation of interest free advances given .....

Willard India Ltd. Vs. Deputy Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Delhi

..... included in the entertainment expenses and also considered for disallowance the disallowance under this head was rs 74 165 it is ..... already included in the entertainment expenses and was considered for disallowance on similar point we have remanded the case to the ..... necessary in computing perquisites as per it rules regarding this disallowance under s 40a 3 an exhaustive explanation was submitted by .....

Johnson and Johnson Limited Vs. Commissioner of Income Tax-ltu

Court: Income Tax Appellate Tribunal ITAT Mumbai

..... fringe benefit tax on the travelling expenditure incurred and accordingly the expenditure cannot be disallowed the assessee also referred the following decisions i cit v s panipat woolen and ..... incurred on production of advertisement films professional sponsorship and on free samples has been separately disallowed by the ao transfer pricing adjustment should be made only on the allowed publicity .....

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 .....

Wipro Ltd. Vs. Dy. Cit

Court: Income Tax Appellate Tribunal ITAT

Reported in: (2006)5SOT805(Bang.)

..... 94 43 448 is also allowable the appellate commissioner of income tax has confirmed the disallowance by observing that the assessing authority has comprehensively dealt with the issues by discussing in ..... genuine which is not doubted consequently there appears no reason for the expenditure to be disallowed further discontinuance of one or more products cannot lead to conclusion that the business itself .....

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 .....

Malwa Cotton Spinning Mills Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)83TTJ(Chd.)72

..... commissioner appeals vide his separate orders passed for these two years confirmed the aforesaid disallowances made out of interest expenditure for both the years under consideration the assessee filed ..... president has passed a separate dissenting order directing the assessing officer to delete the disallowances made out of interest expenditure in both the years under consideration the learned counsel .....

South Eastern Coalfields Ltd. Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Nagpur

Reported in: (2003)260ITR1(Nag.)

..... the said expenditure incurred by the assessee on rehabilitation as capital in nature accordingly he disallowed the deduction claimed by the assessee on this count for this conclusion he also derived ..... resultant asset the expenditure was allowable as a revenue expenditure he therefore urged that the disallowance made by the revenue on this count treating the expenditure as capital expenditure may be .....

South Eastern Coalfields Ltd. Vs. Jt. Cit

Court: Income Tax Appellate Tribunal ITAT Nagpur

Reported in: (2002)77TTJ(Nag.)401

..... the learned departmental representative submitted that the decision of the learned commissioner appeals in disallowing the claim of the assessee for deduction on account of provision made for interim ..... of commercial expediency and the learned commissioner appeals was not justified in confirming the disallowance of the same made by the assessing officer we therefore reverse his impugned order .....