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2015 (9) TMI 1246 - HC - Income TaxDismissal of application for additional evidence as well as the appeal - disallowance of development expenses - Held that:- The appellant could have easily told the Assessing Officer or the Commissioner of Income Tax (Appeals)- 1, Ludhiana that the vouchers were in possession of another Director who had left the company. The explanation appears to have manufactured for the purpose of furnishing an explanation. The vouchers are not signed by and on behalf of the assessee and there is no evidence as to whether these payments were made for business purposes etc and, therefore, even otherwise, irrelevant. The substantial question of law based upon a judgment of the Hon'ble Supreme Court in Tek Ram (dead through LRs) Vs. Commissioner of Income Tax, [2013 (8) TMI 459 - SUPREME COURT ] is meaningless as documents produced by the assessee in the said case as additional evidence were found to be relevant. Reference to another judgment of this Court in CIT vs. Mukta Metal Works [2011 (2) TMI 250 - PUNJAB AND HARYANA HIGH COURT] is not tenable as additional evidence produced in the aforesaid case was held to be necessary for adjudication of the pending lis. - Decided against assessee.
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