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2018 (5) TMI 1151 - AT - Income TaxAddition made on estimate basis as bogus expenditure - assessment u/s 153A - expenses incurred for transportation charges - Held that:- AO required the assessee to produce the supporting documents for the expenses incurred for transportation charges. The assessee produced ledger copy. Therefore, the Assessing Officer disallowed 10% of the total expenses, which was confirmed by the CIT(A). D.R. could not point out any material which was unearthed because of the search. Thus, it is observed that the addition made on estimate basis was not based on any search material. - Decided in favour of assessee.
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