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2018 (3) TMI 1837 - AT - Income TaxDisallowance of deduction of operating expenses u/s 57 - HELD THAT:- The assessee has remained unable to explain the operating expenses claimed at ₹ 5,94,630/-. The break-up furnished before the Authorities below has not been supported by any evidence. Apropos the cash deposit also, no evidence has been furnished. So far as regards the agricultural income of ₹ 1,50,000/-, the position remains much the same, as qua this claim also, no evidence has been filed. So much so, that even in the written submissions filed before the CIT(A), no grievance in this regard was raised by the assessee. CIT(A) has duly taken into consideration the break-up of the operating expenses. No merit therein, the grievance sought to be raised by the assessee by way of ground no.1, ground no.1 is rejected.
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