3 results for “disallowance”+ Section 197(1)clear
Sorted by relevance
Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am**
disallowance of ₹72,67,00,000/ by the learned CIT (A) as made by the ld. AO on account of delayed payment surcharge by the consumers. - 4.1. The learned AO during the assessment proceeding noted from the documents/evidences furnished by assessee that assessee had followed mercantile/ accrual system of accounting and with regard to delayed payment of surcharge (DPS) assessee