TaxTMI 
TaxTMI 
2025 (4) TMI 2049
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.... Sr. D.R. ORDER PER: INTURI RAMA RAO, AM This appeal filed by the assessee is directed against the order of the National Faceless Appeal Centre, Delhi [CIT(A)], dated 22.05.2024 for Assessment Year (AY) 2015-16. 2. Brief facts of the case are that the appellant is an individual engaged in the business of running a hotel in the name and style of M/s. Hotel land Mark. He is also running ....
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....044/-. The AO disallowed electricity charges paid to KSEB in cash by invoking provisions of section 40A(3) of the Act. While making the disallowance the AO observed that genuineness of transaction is not sufficient. The AO also disallowed the claim of depreciation on Multiplex and shopping Mall by holding that construction is not complete. Similarly the AO also disallowed interest on of Rs. 7,88,9....
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....d by CBDT. Since the payment was made to a government company, which is wholly owned by the State of Kerala, it can be treated as payment to government concern in view of the decision of CIT vs. Devendrappa M. Kalal [2013] 39 taxmann.com 16/ 2019 Taxman 122 (Kar). Thus, this ground of appeal stands allowed. 7. With regard to ground Nos. 2, 3 & 4 it is submitted that the appellant filed addition....
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....ead 'house property' by holding that the building was still under construction. During the course of proceedings before the CIT(A), the appellant filed evidence in the form of completion certificate, occupancy certificate, etc. The CIT(A), without adverting to these evidences concluded that the appellant is not entitled to claim loss under the head 'house property'. In the circumstance, we are of ....