2026 (2) TMI 1189

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....ER PER : MANISH BORAD, AM This appeal at the instance of the assessee is directed against the order of Ld. ADDL/JCIT (Appeals), Bhubaneswar ["CIT(A)"] dated 10/09/2025 passed under section 250 of the Income Tax Act, 1961 ("Act") which is arising out of assessment order dated 30.12.2009 passed u/s. 143(3) of the Act by the DCIT, Circle-7, Pune for the Assessment Year (AY) 2007-08. 2. The s....

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....sallowance of professional fee of Rs. 17,59,627/- sustained by the Ld.CIT(A) for non-furnishing of relevant details and evidence. 5. Learned counsel for the assessee referred to the paper book running into 513 pages submitted that all the details of the professional charges along with the details of Tax Deducted at Source (TDS) thereon have been furnished before the Ld.AO as well as Ld.CIT(A). ....

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....ofessional fee at Rs. 17,59,627/-. We observe that assessee is a private limited company and books of accounts are regularly audited. Assessment in question pertains to A.Y. 2007-08. During the course of assessment proceedings the assessee has furnished complete details of professional charges along with details of tax deducted at sources, payment vouchers and TDS challans appearing in paper book ....

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....e details furnished by the assessee which are exhaustive and each and every entry of professional charges debited in the profit & loss account have been placed in the paper book and all of them have been subjected to deduction of TDS and there remains no reason to doubt the genuineness of professional charges incurred and debited by the assessee during the year under consideration. We, therefore, ....