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2022 (7) TMI 1015 - AT - Income TaxDisallowance of expenditure - assessee has not produced any supporting evidences for the expenditure debited in the P&L account - HELD THAT:- The assessee has admitted total sales which is not possible without incurring expenditure. The contention of the assessee is that the entire extent of land is about 30 acres and it is difficult to develop the entire land in one financial year. Therefore, the assessee developed certain portion of land and sold the plots. After completion of sale of certain plots, the assessee developed some plots and sold them. We are of the view that the AO is not correct in disallowing the entire expenditure. The Ld.CIT(A) has considered all these aspects and directed the AO to make disallowance of Rs.5,00,000/- due to deficiency of bills and vouchers by comparing the A.Y.2012-13. Therefore, we do not find any infirmity in the order passed by the Ld.CIT(A). So far as the violation of 46A is concerned, CIT(A) has categorically mentioned in the order that he has gone through the bills and vouchers which were submitted by the assessee for verification. CIT(A) has found that most of the vouchers were defaced and torn out due to HudHud cyclone, therefore, no useful purpose would be served by sending these bills and vouchers for verification of AO. Hence he has not called for remand report and the Ld.CIT(A) has examined the disallowances made by the AO for the A.Y.2012-13 and disallowed an amount - Therefore, we are of the view that there is no force in the arguments of the DR. Hence the grounds raised are dismissed.
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