TaxTMI 
TaxTMI 
2015 (4) TMI 467
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....gainst the impugned order dated 16/7/2012 passed by the Ld. Commissioner of Income Tax (Appeals)-XI, New Delhi on the following grounds:- "1. The Ld. CIT(A) erred on facts and in law in deleting the addition of Rs. 9,55,587/- made by the AO on account of subscription charges. 2. The Ld. CIT(A) erred on facts and in law in deleting the addition of Rs. 11,23,923/- made by the AO on account of repa....
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....red by the AO. The AO stated that "it is felt that the assessee could have gone for rectification u/s. 154 of the I.T. Act, 1961 and accordingly" the same is not being entertained in the present scrutiny assessment proceeding. AO passed the assessment order u/s. 143(3) of the I.T. Act on 20.12.2010 and made various additions. 3. Being aggrieved with the assessment order dated 20.12.2010, assessee....
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....of Rs. 955587/- on account of subscription charges "I have perused all the details filed by the appellant alongwith the necessary evidence. The breakup of the expenses are as below:- Details of Club Membership Fees paid from 1.4.2007 to 31.3.2008 Party Amount Army Polo Club 23226 Deli Gymkhana Club Ltd. 4953 The Oberoi, New Delhi 33708 Club Hyatt 5750 Others 7414 Total (A) 75051 &....
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....flats. "I have perused the details provided by the appellant. The expenditure has been incurred on residential flats owned by the appellant and provided to the employees. The expenditure is clearly a business expenditure and allowable u/s. 37. The addition on this account is therefore deleted. The grounds of appeal is ruled in favor of the appellant." 7. With regard to deletion of addition of Rs....