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2019 (11) TMI 1335 - ITAT JAIPURBogus expenditure - addition @20% - assessee has not able to prove that these expenses are wholly and exclusively incurred for the business of the assessee - HELD THAT:- We concur with the view of the A.O. as well as the ld. CIT(A) that when the assessee has not produced any documentary evidence in support of the expenses as well as in support of the explanation that he was having any arrangement with the drivers to pay them a fixed amount on account of fuel expenses. Since all these expenses are otherwise essential for carrying out the business activity by the assessee, therefore, the claim of the assessee cannot be considered as absolutely bogus or falls. Accordingly, having regard to the facts and circumstances, the disallowances made by the A.O. at 20% appears to be on higher side and excessive, therefore, the same is restricted to 10%. Appeal of the assessee is allowed in part.
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