https://www.taxtmi.com/caselaws?id=189774 In ITA No. 198/PNJ/2015, the Revenue's appeal against the CIT(A)'s decision on TDS deduction for payments to sports clubs was dismissed. However, in ITA Nos. 199 & 200/PNJ/2015, the Revenue's appeal challenging the allowance of speed money payments as legitimate business expenditure was successful. The CIT(A)'s orders were reversed in the latter case due to insufficient evidence provided by the Assessee to prove the payments were for business purposes. Cross objections were dismissed in all cases. en-us Wed, 12 Aug 2015 00:00:00 +0530 Thu, 19 Jan 2017 20:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189774 In ITA No. 198/PNJ/2015, the Revenue's appeal against the CIT(A)'s decision on TDS deduction for payments to sports clubs was dismissed. However, in ITA Nos. 199 & 200/PNJ/2015, the Revenue's appeal challenging the allowance of speed money payments as legitimate business expenditure was successful. The CIT(A)'s orders were reversed in the latter case due to insufficient evidence provided by the Assessee to prove the payments were for business purposes. Cross objections were dismissed in all cases. Case-Laws Income Tax Wed, 12 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189774