2014 (8) TMI 830

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....ed for hearing and hence we proceed to dispose of the appeal ex-parte, without presence of the assessee. The appeal is barred by limitation by 15 days. The assesse has moved a petition requesting the bench to condone the delay in filing the appeal. We heard ld D.R and also perused the submissions made by the assesse in the petition. Having regard to the submissions, we condone the delay and admit the appeal for hearing. 3. The Assessee is aggrieved by the decision of ld. CIT(A) in respect of the following issues : a) Disallowance of purchases; b) Disallowance of administrative and selling expenses; and c) Disallowance of depreciation. 4. We have heard the ld.DR and perused the record available before us. Facts of the case are that the ....

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....led to furnish the relevant details/ bills and vouchers. Before the ld. CIT(A), the Assessee contended that the purchases made by him through credit card (Rs.1.86 lakhs) can be considered as secondary evidence to support the said claim. It was also submitted that the purchases made from M/s Studio Favourite (Rs.8.06 Lakhs) is supported by confirmation letter obtained from the above said concern. It was noticed that M/s Studio Favourite was the proprietary concern of the assessee's father. We notice that the said contentions did not find favour of the ld. CIT(A). However, the fact remains that the above said two types of purchases aggregating to Rs. 9.92 lakhs forms major portion of the total amount of purchases claim of Rs. 11.37 lakhs. Out....