Search: disallowance

183 results for “disallowance”+ Section 10(2)(xv)clear

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Section 6891 Section 153A89 Section 143(3)85 Addition to Income79 Disallowance61 Section 153C44 Section 92C33 Deduction31 Section 143(2)30 Section 37

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

ITA/958/2009HC Delhi18 Nov 2011

For Appellant: Mr Ajay Vohra with Ms Kavita Jha, Ms Akanksha Aggarwal andFor Respondent: Mr Sanjeev Sabharwal with Ms P. L. Bansal and Ms Sonia Mathur

10(2) (xv) is plain and unambiguous. Undoubtedly, the allowance claimed in this case was laid out or expended for the purpose of the business carried on by the assessee. The fact that the income arising from a part of that business is not exigible to tax under the act is not a relevant circumstance." (Emphasis supplied

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

ITA/856/2009HC Delhi18 Nov 2011

For Appellant: Mr Ajay Vohra with Ms Kavita Jha, Ms Akanksha Aggarwal and Mr Sanjeev Sabharwal with Ms P. L. Bansal and Ms Sonia Mathur

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