2018 (8) TMI 2082

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....R R.S. SYAL, VP: This appeal filed by the assessee arises out of the order passed by the CIT (A) on 28.05.2015 in relation to the assessment year 2011-12. 2. The only issue raised in this appeal is against the confirmation of disallowance of Rs.6 lac, being, the amount paid by the assessee-firm to Shri U.A. Rana (Resident partner) as reimbursement of Rs.4 lac per annum towards running and ma....

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....its u/s 40(b) of the Act and, hence, such expenses incurred were not deductible. He, therefore, made disallowance of Rs.6 lac, which came to be affirmed in the first appeal. 4. Having heard both the sides and perused the relevant material on record, it is observed that similar disallowance of Rs.6 lac was made by the Assessing Officer in the assessment for the immediately preceding assessment y....