TMI Blog2021 (4) TMI 729X X X X Extracts X X X X X X X X Extracts X X X X ..... ua the clinching fact that the assessee s books had been duly audited and its Annual Report was also available. And that the Assessing Officer had disallowed assessee s entire expenses in drug manufacturing business thereby enhancing its profit to the maximum level. The assessee has already explained the reason of non-production of audited books of account to the fact that there was a tenancy d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IT(A)-3/2016-17 in proceedings u/s143(3) of the Income Tax Act, 1961 [in short, the Act ]. Heard both the parties. Case file perused. None appeared at the assessee s behest. It is accordingly proceeded ex-parte. 2. The Revenue s sole substantive ground pleaded in the instant appeal seeks to reverse the CIT (A) s action deleting disallowance/addition of ₹ 1,92,38,312/-on account of exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... business premises and hence the appellant was not allowed to enter into its own business premises by the owner of business premises. This was brought to note in the remand proceedings as can be seen from the remand report and it was also brought to note during the course of appellate proceedings by the Authorized Representative of the appellant Company. It was also noticed during the appellate pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the return of income in the absence of proper justification for its claim of expenditure. It is also noted that in the computation of total income, the appellant had disallowed a sum of ₹ 5,20,228/_towards non deduction of TDS etc. However, the Assessing Officer is directed to examine Whether any statutory Govt. dues such as TDS, GST etc. are not remitted by the appellant Company in time. In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uring business thereby enhancing its profit to the maximum level. The assessee has already explained the reason of non-production of audited books of account to the fact that there was a tenancy dispute culminating in locked up premises in the corresponding span of time. So far as the Revenue s case that the CIT (A) deleted the impugned disallowance without verification, it has come on record that ..... X X X X Extracts X X X X X X X X Extracts X X X X
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