2013 (12) TMI 1536

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....peal for assessment year 2008-09 against the order of ld. CIT(A) dated 14.3.2012 taking the following ground : "The ld. CIT(A) erred in confirming the disallowance of Rs. 10,80,000/- under section 40A(2) and administrative expenses of Rs. 2,36,000/-/-paid to M/s Kukreja Services Pvt. Ltd." 2. Facts in brief are that during the course of assessment proceedings, the Assessing Officer noticed tha....

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....act criteria on which the payment has been made to its sister concern. Accordingly, he disallowed the payments u/s.40A(2)(b) of the Act made to the sister concern by the assessee. In the first appeal, ld CIT(A) restricted the disallowance to Rs. 10,80,000/- lakhs. Being aggrieved, assessee is in further appeal before the Tribunal. 3. At the time of hearing, ld A.R. produced a decisions of ITAT in....