2016 (5) TMI 106

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....B. R. Baskaran (Accountant Member) 1. The assessee has filed this appeal challenging the order dated March 13, 2013, passed by the learned Commissioner of Income-tax (Appeals)-26, Mumbai, for the assessment year 2009-10. At the time of hearing, the learned authorised representative did not press ground No. 2 relating to the disallowance of Rs. 1,67,633. Hence, the same is dismissed as not press....

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....e-tax (Appeals) also confirmed the same. 3. The learned authorised representative submitted that these expenses have been incurred by the assessee on behalf of its clients and, hence, it does not constitute its own expense. He submitted that the assessee has routed all the expenses through its profit and loss account and, hence, it appears that it represents the assessee's own expenses. The....

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....order passed by the tax authorities. 5. Having heard the rival submissions, we are of the view that the impugned disallowance merits deletion on the following reasons : (a) First and foremost of the all, these payments have been made by the assessee on behalf of its clients and, hence, the same does not constitute its own expenditure. (b) Even though the assessee has routed th....