THE PHOENIX MILLS LTD,MUMBAI vs. DCIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year

Bench: Shri R.C. Sharma (Am) & Shri Pawan Singh (Jm)

249 2,58,525 2,04,525 5. On the basis of details available on record, only a small portion was found to be personal in nature and therefore disallowance was restricted by the Tribunal even less than 10% of the alleged expenses. As addition and disallowance has been made on estimated basis both by learned

THE PHOENIX MILLS LTD,MUMBAI vs. ASST CIT CEN CIR 47, MUMBAI

In the result, ground No.4 taken by assessee in assessment year