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2019 (4) TMI 1118 - AT - Income TaxDisallowance of the diesel costs incurred on machines for want of log book of 5% - HELD THAT:- Assessee could not produce any necessary evidences in this regard. CIT(Appeals) observed as is evident from the assessment order that the assessee was asked to produce log books, oil, diesel consumption books, running hour book and mileage register for each of the machineries, vouchers and bills etc. The assessee could not produce/file any of such details asked by the AO. CIT(Appeals) after considering the submissions of the assessee, assessment order held that reasonable disallowance of only 5% of the entire claim made by the Assessing Officer was justified. TDS u/s 194A - Disallowance of interest u/s.40(a)(ia) - disallowance of interest expenses due to non-payment of TDS after end of year - appellant had contended and claimed that the AO did not refer to the provisions of section 43B - HELD THAT:- AO had disallowed the interest u/s.40(a)(ia) r.w.s.194A of the Act for non deduction of TDS and non-payment of TDS within the prescribed time. Whereas the appellant had contended and claimed that the AO did not refer to the provisions of section 43B . In fact the submission of the appellant, itself is in ambiguity and nothing can be arrived at from the said submission. As the contention of the AO has not been refuted by the appellant during the appellate proceeding and also no details and evidences in this regard were furnished, no reason to interfere with the order of the AO. Addition u/s 14A - Disallowance of interest being the expenses incurred on exempt income - HELD THAT:- No infirmity in the assessment order passed by the Assessing Officer disallowing the proportionate expenditure of ₹ 4,87,464/- u/s.14A read with Rule 8D of the Rules and therefore no interference in this action is called for. The disallowance so made is hereby confirmed. Assessee appeal dismissed.
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