TaxTMI 
TaxTMI 
2017 (9) TMI 1520
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....R PER KULDIP SINGH, JUDICIAL MEMBER : Appellant, Deputy Commissioner of Income-tax, Circle 8(1), New Delhi (hereinafter referred to as 'the Revenue'), by filing the present appeal sought to set aside the impugned order dated 03.07.2014 passed by the Commissioner of Income-tax (Appeals)- XI, New Delhi, for the Assessment Year 2011-12 on the grounds inter alia that :- "The ld. CIT (A) has erre....
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....4,05,000 2010-11 -do- 73,57,484 13,76,000 3. AO, being dis-satisfied with the explanation furnished by the assessee company, made addition of Rs. 45,90,748/- by disallowing the same u/s 40A(2)(b) of the Income-tax Act, 1961 (for short 'the Act') by granting reasonable increase in the range of 25% to 30% as against 250% to 300% claimed by the assessee. 4. As....
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....by the AO to establish that the payments made to these persons were excessive and unreasonable; that all the three Directors have extensive experience in their areas and work, being highly qualified, and they were getting comparable salaries from previous employer, M/s. TNS India Pvt. Ltd.. 7. However, when the reasons recorded by ld. CIT (A) while deleting the addition made by AO are examined in....
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....s. 27,81,720/- & Rs. 73,57,484 in FY 2008-09, 2009-10 & 2010-11 respectively and fees paid to Shri Arindam Ganguly to the tune of Rs. 1,82,500/-, Rs. 4,05,000/- & Rs. 13,76,000/- in FY 2008-09, 2009-10 & 2010-11 respectively which is an increase in the range of 250% to 300% without explaining that if there was a change in the nature of their work or they have put more time while rendering services....