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2015 (9) TMI 1731 - AT - Income TaxDisallowance claim of financial loss under the schedule “repair and maintenance expenses” - HELD THAT:- Revenue strongly reiterates its grounds and assails the above extracted findings by pleading that details of evidence had not been filed in the course of assessment. We notice that the CIT(A)’s findings under challenge duly take into account details of loss as in schedule 33 to notes on accounts with all necessary particulars of irregularities in question, division-wise break-up, work orders, bills involved, items selected for verification and actual work carried out. It has come on record that this assessee is already subjected to C & AG audit. Needless to say, the CIT(A) has already concluded that in case there is any amount recovered in future from the concerned contractor, it shall be treated as assessee’s income in the year of receipt. The Revenue fails to file any evidence to the contrary for rebutting the above stated factual findings. We do not see any reason to interfere in the lower appellate findings. This Revenue’s ground is rejected. Disallowance of extra ordinary items being losses due to cyclone, flood and fire etc made for want of supportive evidence - sole ground for rejecting the claim in question to lack of evidence - HELD THAT:- The lower appellate order mentions very clearly that the assessee had duly filed a letter dated 15-12-2012 comprising of all necessary details; division-wise on expenses towards flood related damages. The Revenue does not produce on record copy of the above stated letter so as to dispel the above said specific findings. The CIT(A) further relies on an identical order dealing with the very claim. The same has also gone unrebutted in course of hearing before us. We decide this ground as well against the Revenue
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