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2021 (9) TMI 1270 - ITAT DELHIAddition of 20% of the expenses and addition u/s 68 - non-appearance of the assessee before the A.O. and non-filing of the details - HELD THAT:- It is an admitted fact that due to non-appearance of the assessee before the A.O. and non-filing of the details, the A.O. made various additions to the total income of the assessee. We find the Ld. CIT(A) in his elaborate order has sustained the various additions made by the A.O. So far as the disallowance of 20% of the expenses perusal of the detail of the expenses show that the entire expenses have been incurred by the appellant in cash. Thus, there is always possibility to inflate the expenditure on the basis of self-made vouchers/in absence of proper bills/vouchers. Further, without producing bills/vouchers of various expenses, the authenticity of the expenses cannot be ascertained. Under these circumstances, I find that the AO was justified to disallow out of the claim of the appellant. Upholding the addition of 20% sundry creditors above confirmations did not contain the PAN of the party and were undated. Even the Ledger account of these parties filed by the assessee only shows that the assessee had been making only cash payment to these parties against purchases of ₹ 20,000/- each on continuous dates. Hardly any payment has been made through cheques. Unexplained cash deposit in the Bank A/c under section 68 appellant has offered no creditable explanation about the amounts credited in his bank account, the entire receipts therefore cannot be treated as explained. In appeal, the additional evidence filed by the appellant has been examined, and perused, however, in the absence of application for admission of additional evidence, the same has not been admitted and taken cognizance of. The additions made by the Assessing Officer is therefore upheld. Since the assessee did not to appear before the Tribunal and since there is no other evidence before us to take a contrary view than the view taken by the Ld. CIT(A) in sustaining the various additions made by the A.O, we do not find any infirmity in his order. - Decided against assessee.
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