2017 (8) TMI 31

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....gment of the Income Tax Appellate Tribunal dated 04.10.2016 raising following questions for our consideration. "(A) Whether, on the facts and in the circumstances of the case, the ITAT was right in law and on the facts in upholding the order of CIT(A) deleting the addition / disallowance of consultancy charges of Rs. 31,41,320/paid to Jeevan suraksa Medicare Services Ltd, without appreciating the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....er while making such disallowance did not doubt the genuineness of such expenditure but did not believe whether same was expended wholly and exclusively for the purpose of business. In appeal, the Commissioner granted additional opportunity to the assessee to produce documents and called for remand report from the Assessing Officer. After considering such additional materials, the Commissioner rev....