NS HEALTHCARE SERVICES PRIVATE LIMITED,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

9. Under the facts and circumstances, the Ld. CIT(A) has erred in allowing relief of Rs 71,14,092/-, holding that periodic amounts drawn by the Directors of the assessee company was for incurring business exigencies/expenditure. The Ld. CIT(A) ought to have appreciated the fact that out of the total expenditure of Rs 1,56,86,095/- towards

DEPUTY COMMISSIONER OF INCOME TAX, VIJAYAWADA vs. NS HEALTHCARE SERVICES PRIVATE LIMITED, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos