2013 (12) TMI 603

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....JUDGEMENT Per : N Kumar, J : This appeal was admitted to consider the following substantial question of law:              "Whether the Appellate Tribunal was right in holding that the submissions of the confirmation from the parties are not sufficient to hold that such services were actually rendered by the parties?" 2. Though....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd to interfere with the said order. Aggrieved by the said order, the assessee preferred an appeal to the Tribunal. The Tribunal has discussed the matter in detail. It found, in some cases, brokerage has been paid and therefore, it allowed the deduction. In some cases, it remanded the matter back to the Assessing Authority for proper verification and calculation. In some cases, it declined to inte....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ted are closely connected to the Directors of the assesee Company. Though book entrites were there and the Revenue offered it for tax, ons appreciation of the entire material on record, they have recorded a categorical finding that no such brokerage fee was paid. That is the finding recorded by the two Authorities below also. Therefore, when the evidence on record discloses that the amounts paid w....