TMI Blog2021 (10) TMI 725X X X X Extracts X X X X X X X X Extracts X X X X ..... have been examined by the Assessing Officer and no discrepancy could be brought out to the fore. Having accepted the books of accounts, disallowing 10% of the expenses in general without bringing on record as to what and which of the expenses were not allowable. Hence, we decline to interfere with the order of the ld. CIT (A). Appeal of the revenue is dismissed. - ITA No. 5360/Del/2017 (Asstt. Year : 2013-14) - - - Dated:- 8-9-2021 - Sh. K. N. Chary, Judicial Member And Dr. B. R. R. Kumar, Accountant Member Assessee by : None Revenue by : Sh. Gaurav Pundir, Sr. DR ORDER Per Dr. B. R. R. Kumar, Accountant Member: The present appeal has been filed by the revenue against the order of ld. CIT (A)-6, Delhi dated 23. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 77; 91,42,604/-. The assessee is engaged in the field of service sector, contractors and trading etc. 5. As per the para no. 3.3 of the Assessment Order, we find that the disallowance of ₹ 1.81 crores has been made by the AO being the 10% of the Job Work Expenses . The AO held that 10% is being disallowed owing to the absence of supporting evidence in respect of increasing Job Work Charges . For the sake of ready reference, the entire part of the Assessment Order on the relevant issue is reproduced as under: 3. Disallowance of Job charges: 3.1 It was observed from the Profit and loss account for the year under consideration that wage/salary and job charges were ₹ 24.60 crores as compared to last year ₹ 6.45 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xable income. 6. Before the ld. CIT (A), it was argued that the increase in Job Work Expenses is directly proportional to the Job Work Revenue . The details are as under: Particulars FY 12-13 (INR) FY 11-12 (INR) Revenue from 6,65,45,089.00 31,52,37,745.00 Revenue from Job Work 54,08,49,296.00 5,01,35,856.00 Total of Revenue 60,73,94,385.00 36,53,73,601.00 Wages. Salaries Job Work (expense) 24,60,43,470.00 6,45,24,535.00 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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