2020 (2) TMI 1627

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....hri S.N. Pandey, Sr. DR. ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER, This appeal by the assessee is preferred against the order of the CIT(A)-2, New Delhi dated 15.10.2019 pertaining to A.Y 2015-16. 2. The solitary grievance of the assessee is that the CIT(A) erred in confirming the disallowance of Rs. 9,26,66,708/- paid to Shri Ashutosh Sharma as bonus. 3. During the course of scru....

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....should be allowed. In Assessment Year 2014-15, the ld. CIT(A) followed the directions given by the DRP in Assessment Year 2013-14 and deleted the disallowance of bonus. 8. Per contra, the ld. DR stated that the facts of the case in hand are distinguishable from the fats of Assessment Year 2013-14 and 2014- 15. The ld. DR read the relevant portion of the assessment order. 9. We have carefully....

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....ed delete the disallowance on this account." 10. The relevant findings of the ld. CIT(A) in Assessment Year 2014- 15 read as under: 7.4 I have carefully considered the observation of the Assessing Officer and submission of the Appellant. I find force in the submission of the) Appellant. There is no law, which required that terms of employment must be specified in letter of appointment.....