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2023 (2) TMI 957 - ITAT DELHIDisallowance of interest expenditure - assessee failed to justify the commercial expediency of the loan given to the various parties on interest free basis - HELD THAT:- When an appeal is filed before the Tribunal by the assessee himself against the order of lower authorities it is expected that assessee may put forth some documentary evidences in support of his contention to decide the appeal as it is the duty of the assessee to lead evidence in support of its claim and for adjudicating authority to decide upon the sustainability of the claim on the basis of the evidence led by the parties before it. Before us there has been no appearance from the side of the assessee on the various dates though the notices were issued through RPAD. Before us no material has been placed by the assessee to controvert the findings of the lower authorities nor has assessee pointed to any fallacy in the findings of lower authorities. Decided against assessee.
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