Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

38,000/- paid to M/s Mckinsey and Company Ltd for professional serviced rendered by it. However, the Assessing Officer disallowed both the claims of the assessee-Company, vide order dated 26.02.1999 (A-1). Feeling aggrieved against the above order, the appellant- Company preferred appeal before the Commissioner of Income Tax (Appeals) and the same was partly allowed