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2009 (7) TMI 148 - HC - Income TaxBusiness expenditure - The assessee was engaged in manufacturing and sale of inflatable balls and other sports items. The Assessing Officer made addition to the declared income by disallowing labour charges incurred on production of sports goods claimed by the assessee. The Commissioner of Income-tax (Appeals) upheld the claim of the assessee which has been affirmed by the Tribunal with the observations that the burden cast on the assessee to prove the genuineness of the expenditure claimed got duly discharged - The Commissioner of Income-tax (Appeals) as well as the Tribunal have arrived at a finding of fact for upholding the claim of the assessee by giving reasons while the Assessing Officer has ignored the said reasons. Thus, the issue relates to appreciation of evidence. The finding of the Tribunal is not shown to be perverse. - No substantial question of law arises. The appeal by revenue is dismissed.
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