Held that the Assessing Officer has neither examined the assessee’s account nor recorded the satisfaction about the claim. The order of the Tribunal to delete the addition was affirmed. (AY. 2008 -09)
PCIT v. EIH Ltd ( 2022) 329 CTR 95/ 218 DTR 389 (Cal)( HC)
S .14A : Disallowance of expenditure – Exempt income – Failure to record satisfaction – Deletion of addition is justified. [ R. 8D ]