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2013 (12) TMI 1197 - AT - Income TaxAddition on adhoc basis u/s 145(3) – Held that:- The assessee has maintained proper books of accounts and there is no case for invoking section 145(3) – There was huge increase in expenses because cost has come down in respect of various expenses and increase is only in respect of claim and other services - The increase in rent and other services were on account of opening new stores - The entire claim of expenditure is supported from the audited accounts and the Assessing Officer has not found any mistakes or irregularity in respect of any part of the claim of the expenses - Proper stock record is maintained on ERP system - There was no case of any cash deficit and reconciliation statement was duly furnished to the Assessing Officer and Assessing Officer has not disputed the correctness of the same – Decided in favour of assessee.
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