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2017 (12) TMI 1861 - AT - Income TaxAccommodation entries estimation - Estimation @0.15% of the accommodation entries against which 50% expenses were allowable to the assessee - HELD THAT:- Upon perusal of Tribunal’s order for various years as placed on record, we find that the Tribunal in the case of the assessee as well as his associated concerns has estimated the additions @0.15% of the accommodation entries and the same rate have been adopted by the lower authorities. The assessee has claimed expenditure of Rs.59,334/- which has been allowed to the extent of 20% by Ld. CIT(A). Since the Tribunal has allowed expenses to the extent of 50%, taking the same stand, we hold that the assessee shall be eligible for expenses to the extent of 50%.
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