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Varun Radiators Pvt. Ltd. Versus Asstt. Commissioner of Income Tax

2016 (4) TMI 417 - ITAT AHMEDABAD

Disallowance of expenses - 1/6th of total expenses comprises of telephone expenses, travelling expenses, Vehicle expenses and depreciation on car - Held that:- AO made these disallowance mainly on the ground that most of the bills and vouchers for the expenses claimed were self-supporting and not fully verifiable and the assessee was not maintaining any log book for the use of vehicle, no registers were maintained for telephone and also for the fact that the assessee had not made any disallowanc .....

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g grace period allowed by the respective Acts and not before the due date of filing the return of income as contended by the assessee. Therefore, in our opinion, the CIT(A) has rightly upheld the disallowance made by the Assessing Officer amounting to ₹ 3,77,546/- [Rs.3,51,103/- and ESIC of ₹ 54,187/-] on account of late payment of employee's PF and ESIC to the government account. - Decided against assessee - ITA No. 2503/Ahd/2015 - Dated:- 13-1-2016 - Shailendra Kumar Yadav, JM And .....

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penses of ₹ 8,23,053/- which comprises of telephone expenses of ₹ 2,03,305/-, travelling expenses of ₹ 1,51,738/-, Vehicle expenses of ₹ 1,67,890/- and depreciation on car of ₹ 3,00,120/-. 2. The learned Commissioner of Income Tax (Appeals) has erred in confirming the disallowance of ₹ 3,77,546/- out of PF and ESIC contribution (Rs.3,28,261/- PF & ₹ 48,285/- ESIC). 3. The appellant craves leave to add, alter, amend or modify any of the grounds of app .....

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not fully verifiable and the assessee was not maintaining any log book for the use of vehicle, no registers were maintained for telephone and also for the fact that the assessee had not made any disallowance while computing its income for personal use of vehicle and telephone expenses. Taking into consideration all facts and circumstances of the case, in our opinion, it would meet the ends of justice if these disallowances are restricted to ₹ 4,00,000/-. We order accordingly. This ground i .....

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