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Income Tax Appellate Tribunal, KOLKATA BENCH “SMC” KOLKATA
Before: Shri S.S, Godara
Shri Sourabh Majumdar, CA अपीलाथ� क� ओर से/By Appellant Shri Jayanta Khanra, SR-DR ��यथ� क� ओर से/By Respondent 04-02-2020 सुनवाई क� तार�ख/Date of Hearing 12-02-2020 घोषणा क� तार�ख/Date of Pronouncement आदेश /O R D E R This assessee’s appeal for assessment year 2014-15, arises against the Commissioner of Income-tax (Appeals)-2, Kolkata’s order dated 20.08.2019 passed in case No.11604/CIT(A)-2/16-17, involving proceedings u/s. 143(3) of the Income Tax Act, 1961; in short ‘the Act’. Heard Shri Majumdar, and Shri Khanra representing assessee and Revenue respectively.
Learned authorized representative invited my attention to the assessee’s multiple folded pleadings challenging correctness of both the lower authorities action disallowing consultancy charges, commission payments, associates consultancy fees and labour charges of ₹1,42,700/-, ₹4,00,000/-, ₹5,07,500 & ₹4,75,000/-; respectively, during the course of assessment as affirmed in the lower appellate proceedings. Mr. Majumdar states very fair that although thereby assessee has filed all the Sthapati Projects & Infrastructure Pvt. Ltd. Vs. ITO Wd-5(4),Kol. Page 2 corresponding evidence regarding the foregoing four head(s) of expenditure, it would not be able to prove each and every transaction with the payees parties to the hilt.