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Income Tax Appellate Tribunal, MUMBAI BENCHES “J”, MUMBAI
Before: SHRI RAJESH KUMAR (AM) & SHRI RAM LAL NEGI (JM)
O R D E R
PER RAM LAL NEGI, JM
This appeal has been filed by the revenue against the order dated 29.11.2016 passed by the Commissioner of Income Tax (Appeals)-58 (for short ‘the CIT(A), Mumbai, for the assessment year 2011-12, whereby the Ld. CIT(A) has partly allowed the appeal filed by the assessee against the assessment order passed u/s 143 (3) r.w.s 144C of the Income Tax Act, 1961 (for short the ‘Act’).
Aggrieved by the order of Ld. CIT (Appeals), the revenue has preferred this appeal before the Tribunal on the following effective grounds:-
1. “On the facts and in the circumstances of the case and in law, the Ld. CIT (A) erred in deleting disallowance of Rs. 66,50,000/- made under section 36(1)(ii) in respect of Commission paid to Managing Director and Working Director. Assessment Year: 2011-12
2. On the facts and circumstances of the case and in law, the Ld. CIT (A) erred in deleting the disallowance of legal and consultancy charges of Rs. 43,34,361/- without considering the fact that the these expenses are not allowable as these expenses are related to inter-se dispute between two factions of the directors of the company.”