2014 (6) TMI 474

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....961 (for short the Act) along with detailed questionnaire were issued to the assessee. The Assessing Officer hold that considering the increase in turnover and the slight fall in the net profit rate is justified, accordingly no adverse inference is drawn with respect to financial results declared by the assessee. During the course of assessment proceedings, the Assessing Officer made certain disallowances amounting to Rs.4,42,346/- pertaining to salary expenses, entertainment expenses, unverifiable purchase, travelling expenses, telephone expenses and interest received on security and other sources. 3. The aggrieved assessee preferred an appeal before CIT(A) which was also dismissed by the CIT(A) by passing the impugned order. Now, the ass....

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....asis and justified reason. The AR further contended that during the first appellate proceedings, the CIT(A) also ignored submissions and contentions of the assessee and upheld the order of the AO by passing the non-speaking mechanical order. The AR further contended that the CIT(A) called a report from the AO and the written submissions of the assessee before CIT(A) dated 6th June 2012 which were submitted by the AO/ACIT vide dated 6/8/2012 but the same were not considered by the CIT(A) while passing the impugned order. The Ld. AR also drawn our attention towards paper book spread over 56 pages and submitted that the CIT(A) and the AO ignored the detailed evidence, explanation, bills and vouchers supporting to the claim of the assessee. The....