DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)., HYDERABAD vs. KSK ENERGY COMPANY PRIVATE LIMITED, HYDERABAD

In the result, all the appeals of revenue are allowed

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

House of Lords that in order to claim a deduction, it is enough to show that the money is expended, not of necessity and with a view to direct and immediate benefit, but voluntarily and on grounds of commercial expediency and in order to indirectly to facilitate the carrying on the business. The above test in Atherton's case, (supra

DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)., HYDERABAD vs. KSK ENERGY COMPANY PRIVATE LIMITED, HYDERABAD

In the result, all the appeals of revenue are allowed

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

House of Lords that in order to claim a deduction, it is enough to show that the money is expended, not of necessity and with a view to direct and immediate benefit, but voluntarily and on grounds of commercial expediency and in order to indirectly to facilitate the carrying on the business. The above test in Atherton's case, (supra

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDREABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4\nThe Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT, CENTRAL CIRCLE-3(4), HYDERABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4\nThe Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR (Judicial Member), SHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT, CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which\nfact