SULAIKHA CLAY MINES,THIRUVANANTHAPURAM vs. ACIT, CIRCLE 1(2), THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

In the result, the appeals for all the years are partly allowed and partly allowed for statistical purposes

Bench: Shri Sanjay Arora & Shri Manomohan Das

depreciation, royalty etc. This expenditure is excessive in view of its proportion to the total expenditure debited. Therefore, 25% of Rs. 25,05,586/- ie. Rs. 6,26,396/-is disallowed u/s.40A(2)(a), treating it as excessive within the meaning of section mentioned. It is also to be noted that similar disallowance was made in the A.Y.2002-03

M/S SULAIKHA CLAY MINES,TRIVANDRUM vs. DCIT ,CIRCLE 1(2), TRIVANDRUM

In the result, the appeals for all the years are partly allowed and partly allowed for statistical purposes