TMI Blog2017 (5) TMI 790X X X X Extracts X X X X X X X X Extracts X X X X ..... er. Addition on account of vehicle maintenance expenses - Held that:- ITAT has deleted the expenses holding that on perusal of copy of vehicle maintenance, ledger account filed in the paper book most of the expenses are on account of Tyres and Tubes of the Trucks and the assessee is involved in the business of material transportation services, therefore, expenses incurred on the vehicle kept for the business cannot be said to involve personal element. Addition of disallowances under section 40 (a) (ia) - TDS not deducted by the assessee under section 194 (I) - Held that:- ITAT has deleted the addition holding that in the present case how the provisions of Section 194 (I) of the Act has been made applicable since the trucks hired by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of material transportation services on the basis of sub-contract with M/s. O M Rosa Power Supply Company Limited for the purpose of transportation of material from one destination to another. 4. The assessee has filed income tax return for the assessment year 2011-12 and declared total income as ₹ 21,81,760/-. During assessment, the Assessing Officer made assessment of an amount of ₹ 80,70,861/- on various heads and assessed the total income of assessee at ₹ 1,02,52,620/-. 5. The Assessing officer made the aforesaid additions on following grounds:- i) Addition of ₹ 39,53,500/- on account of demurrage and warfage expenses; ii) Addition of ₹ 22,58,103/- on account of shortage of deduction; i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f business. With regard to second issue i.e. shortage deduction, ITAT has deleted the addition holding that deduction is not covered under the penalty, but the expenses has been occurred during ordinary course of business. With regard to third issue i.e. addition of unloading charges, ITAT has deleted the addition stating that vouchers are self-contained, whereby, the vehicle trips have been entered and no further discrepancy has been pointed out by the Assessing Officer. With regard to addition on account of vehicle maintenance expenses, ITAT has deleted the expenses holding that on perusal of copy of vehicle maintenance, ledger account filed in the paper book most of the expenses are on account of Tyres and Tubes of the Trucks and the ass ..... X X X X Extracts X X X X X X X X Extracts X X X X
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