[aaykarbhavan] ITAT directs AO to reconsider issue of grossing-up as assessee didn’t furnish details of tax withheld from sum paid

ITAT directs AO to reconsider issue of grossing-up as assessee didn't furnish details of tax withheld from sum paid

August 25, 2014[2014] 47 taxmann.com 370 (Delhi - Trib.)/[2014] 33 ITR(T) 118 (Delhi - Trib.)

IT/ILT : Income being payable net of tax, for purpose of deduction of tax, such amount of payment would be increased by amount of tax

IT : Where software was purchased in earlier year and fees and subscription was paid, expenditure would be revenue expenditure

IT : Where assessee had furnished all details, Assessing Officer should not disallow communication and travelling expenses merely on ground that expenditure was excessive in comparison to preceding year

 

Regards

Prarthana Jalan

__._,_.___

---

Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

---

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com

Visit Your Group

• New Members 3

• Privacy • Unsubscribe • Terms of Use