9911796707
TMI Blog2014 (8) TMI 938X X X X Extracts X X X X X X X X Extracts X X X X ..... es. Assessee filed its return of income for A.Y. 08-09 on 29.08.2008 declaring net loss of Rs. 78,03,637/-. The case was selected for scrutiny and thereafter the assessment was framed u/s. 143(3) vide order dated 30.04.2010 and total loss was determined at Rs. 17,53,110/-. Aggrieved by the order of A.O, Assessee carried the matter before CIT(A). CIT(A) vide order dated 09.01.2013 dismissed the appeal of the Assessee. Aggrieved by the order CIT(A), Assessee is now in appeal before us and has raised following effective ground. 1. In law and in facts and circumstances of the Appellant's case, the learned Commissioner of Income-tax (Appeals) has grossly erred in confirming addition to job work income for Rs. 7,30,022. 2. In law and in fac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... submit the reconciliation statement for short credit of income. The assessee did not submit any reconciliation statement till date of passing the assessment order. In view of the same an amount of Rs. 7,30,022/- was added to the total income of the assessee. The appellant besides just raising the ground has not tried to reconcile the receipts shown by it with the receipts as per the TDS Certificates submitted by it. Several opportunities have been provided by the AO during the assessment proceedings as well by the undersigned in the present proceedings, but the appellant clearly has no explanation. The addition made by the AO is perfectly justified under the circumstances and is confirmed. 5. Aggrieved by the order of CIT(A) Assessee is n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aw. Needless to state that ld. CIT(A) shall grant adequate opportunity of hearing to both the parties. We also direct the Assessee to submit the reconciliation statement and all the other necessary details called for deciding the issue promptly before the authorities and the Assessee shall suo motu appear before CIT(A) within 30 days of the passing of order. In case the Assessee fails to comply with the aforesaid directions, ld. CIT(A) is free to draw adverse inference and decide the matter on the basis of material available on record. Thus this ground of Assessee is allowed for statistical purposes. Ground no. 2 is with respect to disallowance of 20,000/- out of vehicle expenses. 8. Before us, this ground was not pressed by ld. A.R. and t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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