https://www.taxtmi.com/caselaws?id=245489 Concurrent factual findings on unpaid carting expenses and a receipts mismatch based on TDS certificates were accepted, leaving no basis for tax-appeal interference. The disallowance of unpaid carting expenses was upheld in part because the lower authorities relied on further inquiry, surrounding circumstances, comparative gross profit, and partial confirmation from summoned parties; the issue was treated as one of evidence and fact. The addition for the difference between TDS receipts and profit-and-loss receipts was deleted because the assessee's explanation that the balance carting income was offered in the following year, after completion of work, was accepted as plausible and unrebutted. The Revenue's challenge therefore failed and the lower authorities' deletions remained undisturbed. en-us Tue, 11 Mar 2014 00:00:00 +0530 Mon, 31 Mar 2014 10:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245489 Concurrent factual findings on unpaid carting expenses and a receipts mismatch based on TDS certificates were accepted, leaving no basis for tax-appeal interference. The disallowance of unpaid carting expenses was upheld in part because the lower authorities relied on further inquiry, surrounding circumstances, comparative gross profit, and partial confirmation from summoned parties; the issue was treated as one of evidence and fact. The addition for the difference between TDS receipts and profit-and-loss receipts was deleted because the assessee's explanation that the balance carting income was offered in the following year, after completion of work, was accepted as plausible and unrebutted. The Revenue's challenge therefore failed and the lower authorities' deletions remained undisturbed. Case-Laws Income Tax Tue, 11 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245489