2018 (9) TMI 2178

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.... Sharma, JCIT ORDER Per Sunil Kumar Yadav, Judicial Member This appeal is preferred by the assessee against the order of the CIT(A), inter alia, on following grounds: 1. The order of the learned CIT (A) being opposed to principles of natural justice since the same is passed without proper application mind to the facts and materials available in assessment records. 2. The....

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.... appellant's books nor having doubted the authenticity of expenses debited that was claimed under S.57(iii) of the Act; and that the AO having not brought on record any material to dislodge appellant's contentions, the order of CIT(A) is unsustainable in law and hence to be set aside 6. The Appellant craves the leave of the Court to add, amend, alter, and/or withdraw any or all gr....

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....other sources. The TDS certificate for the interest paid was also issued to the assessee and he claimed the adjustment of the same also. It was contended on behalf of the assessee that interest on borrowings were directly paid by the company to the lender though the borrowings were routed through assessee. The assessee has claimed that since whatever interest was accrued to the assessee, it was di....

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.... of the assessee that he has simply organised the borrowings for the company and it was directly given to the company by the lender and interest was also directly paid to the lender. I am unable to understand as to why TDS certificate deducting the TDS on payment of interest was issued to the assessee. If the assessee has received the borrowings from the lender and further advanced to the company ....