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2018 (3) TMI 1749 - ITAT CHANDIGARHAddition u/s 40 A(3) - cash payments exceeding ₹ 20,000/- - cash payments relatable to Chandigarh Spun Pipe - HELD THAT:- Submissions of the AR on facts cannot be accepted. No attempt has been made to demolish the conclusions drawn on facts. The argument that there was mistake by an Accountant remains un-substantiated and infact is shown to be not supported even in the explanation offered by the assessee in the facts of the present case. The explanation de-hors facts does not inspire any confidence what-so-ever. Accordingly, finding in agreement with the conclusion drawn by the CIT(A) in para 5 to appeal of the assessee is dismissed. For ready reference, relevant finding Amount paid in contravention of section 40 A(3) and its Entries with voucher numbers in which vouchers no, in the copy of account submitted entries has been split-up in the changed 23.12.2014 of account of Chandigarh Spun Pipe Co. submitted on 20.02.2015 of the CIT(A) upholding addition made in the assessment order upheld in the present proceedings - Decided against assessee.
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