2014 (12) TMI 1170

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.... is an appeal filed by the assessee against the order of CIT(A), dated 5-2-2013 for assessment year 2009-10, in the matter of order passed u/s.143(3) of the IT Act. 2. The first grievance of the assessee relates to the disallowance of provisions for expenses of Rs. 10,37,000/-. 3. Rival contentions have been heard and record perused. During the year under consideration, assessee has made pro....

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....ord the order of Tribunal in assessee's own case, wherein exactly similar disallowance was deleted by the Tribunal after having the following observation:- "9. We have duly considered the rival contentions. On perusal of the ld. CIT(A)'s order we find that in principle ld. first appellate authority upheld the contention of assessee while deleting the disallowance of major provision of e....

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....ar in which assessee has offered it. Whenever any provision is made for the expenses some plus and minus is possible because provision cannot be made with exactness. As far as the other aspect is concerned that assessee has offered it for the next year, we are of the view that after adjusting the account when assessee realized the real facts it offered the excess provision for taxation immediately....