DEMI REALTORS,HYDERABAD vs. DCIT, CIRCLE-6(1), HYDERABAD
In the result, the appeal of the assessee is partly allowed for statistical purposes on the above terms
ITA 156/HYD/2023[2008-09]Status: DisposedITAT Hyderabad05 Feb 2024AY 2008-09
Bench: Shri R.K. Panda & Shri Laliet Kumar
For Respondent: Ms. T. Vijaya Lakhsmi, CIT-DR
Section 143(3)Section 37(1)Section 40Section 40A(3)Section 40a
section is very clear and the appellant has incurred the expenditure and the appellant has made the payment to the various parties and persons. The appellant has, to circumvent, not accounted for the same and has also not brought out any evidence from M/s.DLF that they have accounted for such transactions in their books as cash payments.
The MoU cannot
