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2021 (4) TMI 729 - ITAT HYDERABADMisc. expenditure disallowance - assessee had failed to prove the same by way of filing cogent supportive evidence before the Assessing Officer - CIT-A deleted the addition - HELD THAT:- We find no merit in Revenue’s instant grievance. There is no dispute qua the clinching fact that the assessee’s books had been duly audited and its Annual Report was also available. And that the Assessing Officer had disallowed assessee’s entire expenses in drug manufacturing business thereby enhancing its profit to the maximum level. The assessee has already explained the reason of non-production of audited books of account to the fact that there was a tenancy dispute culminating in locked up premises in the corresponding span of time. So far as the Revenue’s case that the CIT (A) deleted the impugned disallowance without verification, it has come on record that he had duly sought for a remand report from the Assessing Officer’s side. We therefore find no reason to revive the impugned disallowance going by the Revenue’s pleadings. - Revenue’s appeal is dismissed.
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