2018 (1) TMI 1489

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.... : Shri S.R. Senapthy, Sr. DR ORDER PER R.S. SYAL, VP: This appeal filed by the Revenue is directed against the order passed by the CIT(A) on 08.12.2005 in relation to the assessment year 2012-13. 2. The only ground raised in this appeal is against the deletion of addition of Rs. 2,88,43,934/- made by the Assessing Officer. 3. Briefly stated, the facts of the case are that the asses....

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....was claimed as deduction. The Assessing Officer did not grant deduction by holding that such payment was not wholly and exclusively for the purpose of business. The ld. CIT(A) overturned the assessment order on this issue and deleted the addition. The Revenue has come up in appeal against such deletion. 4. Having heard both the sides and perused the relevant material on record, it is observed t....