ACIT v. Pavani Structurals (P.) Ltd. (2025) 211 ITD 415 (Hyd.)(Trib.)

S. 4 : Charge of income-tax-Reimbursement of expenses incurred by JV firm-Order of CIT(A) deleting the addition is affirmed.

Assessee received certain amount from its Joint Venture (JV) partner on account of reimbursement of expenses incurred by JV firm. The AO made the addition. CIT(A) deleted the addition. On appeal the Tribunal held that  since identical issue was involved in case of other partner of JV firm and revenue had not challenged deletion of addition made in hands of other partner, on similar fact situation, revenue could not take different stand in case of assessee which would be detrimental to assessee. (AY. 2012-13 &2016-17)

Leave a Reply

Your email address will not be published. Required fields are marked *

*