2015 (10) TMI 1860

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..... al filed by the assessee for the assessment year 2006-07 directed against the order of Ld. CIT(A). There is a delay of 41 days in filing the present appeal by the assessee. The assessee has filed application of condonation of delay and also an affidavit explaining the reason for the delay. Ld. DR has objected to the request of the assessee for condonation of delay. After considering the rival subm .....

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..... the last year to Rs. 2.16 crores during the relevant year. He submitted that there was no co relation between the decline of income and increase of establishment expenses. Ld. Counsel for the assessee submitted that the other reason given by the department for the disallowance was that there was increase of labour charges and the copy of contract were submitted to the AO. Ld. DR has opposed the su .....

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..... ified in sustaining the same and accordingly the disallowance made is deleted and the ground of appeal No. 1 is allowed. 5. Ground of appeal No. 2 of the assessee is as under:- 2. "That on the facts and circumstances of the case, the Ld. Assessing Officer has erred in law in additing interest (JCB) charges) amounting to Rs. 98380 u/s 43(b) on wholly untenable, illegal, arbitrary and erroneous gr .....

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