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2012 (9) TMI 684 - ITAT MUMBAIDisallowance of expenditure on adhoc basis - AO disallow 12% of the entire expenditure claimed by the assessee under various heads – Held that:- As the disallowance of 10% out of the expenditure claimed as ‘Transportation Charges”, for which the assessee could not produce evidence - Disallowance of the expenditure claimed as “Petrol, Diesel and Oil Charges” which were made in cash - 10% of the cash payment in respect of the expenditure claimed as “Tyre Replacement Charges” - Expense claimed as “Vehicle Repair & Maintenance Charges” that the assessee furnished bills only 1/3rd of total amount and for the remaining he could not produce the bills, disallow the 10% of claimed expense - In respect of expenses on “wages and salaries”, no details have been produced and the entire payment has been made in cash and assessee has not been able to substantiate the claim of the said amount, therefore upheld the addition made by AO @ 12% - In respect of claim of petrol, telephone and other maintenance charges, sustain the addition @ 12 % by AO. Decision appeal is partly allowed in favour of assessee
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