NUNHEMS INDIA PRIVATE LIMITED,R.R.DIST vs. JCIT, RANGE 16, HYDERABAD
In the result, the assessee’s appeal for the A
ITA 327/HYD/2012[2008-2009]Status: DisposedITAT Hyderabad05 Jul 2018AY 2008-2009
Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman
For Appellant: Shri Nageswar RaoFor Respondent: Smt. Suman Malik
Section 143(1)Section 143(3)Section 194JSection 195Section 40Section 43B
194H and 194J of the IT Act, and since the assessee failed to deduct tax from these payments, he held that such expenditure is not allowable u/s 40(a)(ia).
3.3
Further, the A.O also observed that the assessee has made a provision of Rs.51,91,186/- towards scheme discount i.e the additional discount to the customers who participated
