TaxTMI 
TaxTMI 
2018 (1) TMI 82
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.... (DR) ORDER This appeal is preferred by the assessee against the order of the CIT(Appeals) inter alia on the following grounds:- "General Ground 1. The order passed by the learned CIT(A) is bad in law and liable to be quashed. Ground on disallowance of write off of rental deposit 2. The learned CIT(A) has erred in confirming the disallowance of write off of rental deposit amounting t....
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....nt submits that each of the above grounds/ subgrounds are independent and without prejudice to one another. The appellant craves leave to add, alter, vary, omit, substitute or amend the above grounds of appeal, at any time before or at, the time of hearing, of the appeal, so as to enable the Income-tax Appellate Tribunal to decide the appeal according to law. The appellant prays accordingly.....
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.... authorities in the light of rival submissions, I find that the assessee has taken premise on rent for which he has given interest-free refundable security deposit of Rs. 11,70,000 to the landlord. When the assessee could not continue with the possession, he claimed the entire amount back which was not given by the landlord, therefore he has filed a Civil Suit in the Civil Court, Bangalore. On acc....
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....e CIT(Appeals). However, I direct the AO to allow the claim of assessee only in that year for which the assessee finally loses the hope of its recovery of the said amount. 6. Apropos ground No.2, the assessee has claimed the deduction in respect of cash theft of Rs. 2,38,858, but in this regard the assessee could not furnish any evidence either before the lower authorities or before me. He has on....