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2012 (7) TMI 375 - KERALA HIGH COURTDisallowance of freight charges on account of TDS not being deducted - invoking Section 40(a) (ia)- Held that:- Assessee had not produced any material to establish the contention of the assessee, but from making a bald assertion. It was also found from the records that the assessee had made the payment subsequently after the due date and wrongly said that the department had entered the finding of liability to freight charges merely on the fact of the subsequent deposit made - against assessee. Addition of liability in hands of assessee - invoking Section 41(1) - Held that:- Assessee had not produced anything to show the subsisting liability towards the alleged creditors and no evidence placed with respect to the payments made and no consequent acknowledgment of such credits were proved by the assessee - against assessee. cash credits added on to the income returned - invoking Section 68 - Held that:- Assesse's contended the cash credits to be advances from customers who had made orders for specified goods but was unable to provided details of the persons who made such advances - said advances were cash infused by the assessee into the business to make up the short fall in cash - no substantial question of law raised in appeal - against assessee.
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