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2021 (4) TMI 295 - AT - Income TaxDisallowance of 20% of the land development expenses - assessee failed to establish the expenses are genuine as the most of the vouchers produced were self-made and also not in proper order for verification - contention of the assessee is that disallowance of 20% of total expenditure is very high - HELD THAT:- Considering the totality of the facts of the case, we direct the AO to disallow 10% of the total expenditure instead of 20% made by him. Accordingly, the ground Nos. 2 & 3 raised on this issue are partly allowed. Disallowance u/s. 43B - contribution to PF & ESCI under the head 'employee benefit expenses" not paid in time - late payments were not allowable expenditure u/s. 43B, the AO disallowed the same u/s. 43B - CIT(A) confirmed the same - HELD THAT:- We remit the issue back to the file of the AO with a direction to decide the same afresh as per the decision of Hon'ble Delhi High Court in the case of CIT Vs. Bharat Hotels Ltd [2018 (9) TMI 798 - DELHI HIGH COURT].
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