2019 (11) TMI 1301

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....dar for Respondent. ORDER P. C.:- 1. The Income Tax Appeal is admitted for consideration on the following substantial questions of law. (a) "Whether on the facts and in the circumstances of the case and in law, the ITAT was correct in upholding the decision of the CIT (A) in deleting the addition on account of disallowance of the assessee's claim of exemption in respect of profit....

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....ntiate its expense and there is absence of evidence of services being rendered, generation of bogus bills etc." 5. The issue pertains to the inspection and survey charges claimed by the Assessee which is an insurance company. The Assessing Officer, on the basis of statement of the Surveyor recorded by him, came to the conclusion that some of the persons had not actually discharged any duty for ....